Annuities means all agreements to make periodical payments for a period certain or where the making or continuance of all or some of a series of such payments, or the amount of any such payment, depends upon the continuance of human life, except payments made under the authority of paragraph one hereof. Amounts paid the insurer to provide annuities and proceeds applied under optional modes of settlement or under dividend options may be allocated by the insurer to one or more separate accounts pursuant to section four thousand two hundred forty of this chapter.
Annuities means certain amounts payable periodically at stated times, for life or for a specified or ascertainable period of time, under an obligation to make the payments in return for adequate and full consideration in money or money's worth.
Annuities means the annual retirement payments for life granted beneficiaries in
Examples of Annuities in a sentence
Deductions are to be made each month for Federal Income Tax, State Income Tax, Social Security, Teacher's Retirement, Tax Sheltered Annuities, Credit Union, MEA Dues and Representation Fees.
More Definitions of Annuities
Annuities means the annual retirement payments for life granted beneficiaries in accordance with this article.
Annuities as used in this paragraph means a stated sum paid periodically at stated times during the life of the individual, or during a specified or ascertainable period of time, under an obligation to make the payments in return for adequate and full consideration (other than services rendered).
Annuities means all agreements to make periodical payments where the making or continuance of all or some of the series of the payments, or the amount of the payment, is dependent upon the continuance of human life or is for a specified term of years. This definition does not apply to payments made under a policy of life insurance.
Annuities means all agreements to make periodical payments for a period certain or
Annuities means all agreements to make periodical payments
Annuities means the annual retirement payments for life