| 单词 | purchase an annuity |
| 释义 | purchase an annuity Most schemes require you to invest your pension and use the resulting fund to purchase an annuity or provide income. Times, Sunday Times The obligation to purchase an annuity has ended, of course, but not everyone fully understands the implications of the pension freedoms. Times, Sunday Times Once you've made your choice on the lump sum, you can choose to purchase an annuity, which pays out a fixed amount of money each year. Times, Sunday Times The new rules allow individuals to delay the decision to purchase an annuity indefinitely. Retrieved from Wikipedia CC BY-SA 3.0 If you have purchased an annuity, only the income will be taken into account. Times, Sunday Times |
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