Annuity Payment
Regular periodic payment from an annuity contract
What You Need to Know
An annuity payment is a fixed or variable sum paid at regular intervals (monthly, quarterly, or annually) to an annuity holder. The payment amount depends on factors including the principal invested, interest rate, payout period, and type of annuity. Annuity payments can last for a specified period or for the lifetime of the annuitant.
Sources & References
This information is sourced from authoritative government and academic institutions:
- sec.gov
https://www.sec.gov/reportspubs/investor-publications/investorpubsvaranntyhtm.html
Related Calculators & Tools
Put your knowledge into action with these interactive tools:
Annuity Payment Calculator
Estimate periodic income from an annuity during payout phase based on principal and payout terms
Annuity Growth Calculator
Calculate future value of an annuity during accumulation phase with regular contributions and compound interest
Annuity Duration Calculator
Calculate how long your annuity or retirement savings will last with regular withdrawals