The value is subject to the normal income tax on the money drawn down from the fund or annuity. |
Several institutional investors are also still buying into the sector and see property as a safer bet to match long-term annuity liabilities. |
Robert relinquished his claim in return for Henry's territories in Normandy and a large annuity. |
You put off buying an annuity, invest the money, and draw some of it off as a pension. |
Hideo succeeded and was awarded the decoration and an annuity for carrying out his duty so well. |
Until 1999, the only choice available to anyone retiring was an annuity, a fixed income for life. |