A type of annuity that uses a portion of the principal to make monthly payouts and saves the remainder to fund a deferred annuity. With a split-funded annuity, an individual may begin receiving payments immediately without losing the tax-deferred status of growth in the principal.
Related information about split-funded annuity:
- Split-Funded Annuity Definition | Investopedia
A type of annuity that uses a portion of the principal to fund immediate monthly payments and then saves the remaining portion to fund a deferred annuity.
- Split-Funded Annuity - Financial Dictionary - The Free Dictionary
An annuity in which part of the premium is paid out to the annuitant immediately in monthly installments, while the remainder is set aside and paid to the ...
- What is split-funded annuity? definition and meaning
Definition of split-funded annuity: A type of annuity that uses a portion of the principal ... With a split-funded annuity, an individual may begin receiving payments ...
- Split Funded Annuity: Reliable Income Now and for the Future
Split funded annuities are designed to provide a steady income stream immediately while reserving a portion of the principal for future payouts as well.
- Basic Annuity Basics PowerPoint Presentation, By John Wheeler ...
Split Funded Annuity. Splits annuity premium into two separate annuities, one immediate, one deferred. Conserves principal. Maintains flexibility. Enjoys tax ...
- Split Annuity Concept | Split Funded Annuities
A split annuity generates monthly income, while restoring your starting principal over a period of time. For more information about this smart investment product, ...
- Grant Smith / Health Ins. Agent / Since 1978 » Annuity Types
Using a split-funded annuity means that individuals do not have to wait for the annuity to reach the payout phase, because the stream of income begins ...
- Annuity Pitfalls, Part II, June 06
Exploring the “split-funded annuity” concept. You mightwant to use a combination of an immediate annuity for income and one or moredeferred annuities for ...