A designated beneficiary is a person who has been named to inherit an asset, such as the balance of anindividual retirement account(IRA),annuity, or life insurance policy after the death of the asset's owner. It is also known as anamed beneficiary. TheSetting Every Community Up for Retireme...
but as theGuardianarticle suggests, Flinders was forgotten in his native land. It was only in 1853 that the two colonial governments of New South Wales and Victoria agreed to grant an annuity of £100
If you got distributions from a pension, retirement plan, profit-sharing program, an IRA or an annuity, you might receive a 1099-R. (Remember, many retirement plans are tax-advantaged, so this form might be simple record-keeping on behalf of the IRS.) If you took a loan from your ret...
$656 million was the annuity value; the cash prize was $462 million, heady enough. Any sum of money can be increased by expressing it as a long-term annuity. If your employer offered you either $100,000 this year, or $5,460 annually for 26 years -- the same ratios as the M...