Business, Legal & Accounting Glossary
An annuity that pays out at one level for the duration of the holder’s life and then another level, between 50% and 100% of the original, for the duration of the holder’s spouse’s life.
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Definitions for Qualified Joint And Survivor Annuity are sourced/syndicated and enhanced from:
This glossary post was last updated: 16th November, 2021 | 0 Views.