Annuities

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Across
  1. 1. Also known as pure life annuity
  2. 5. A tax-deferred arrangement that's established by an employer to provide retirement benefits for employees Fixed annuities with interest linked to a market index
  3. 6. Begin paying benefits more than one year in the future
  4. 9. Also called back-end loads
  5. 10. Periodic premium annuity with variable payment amounts determined by the owner
  6. 11. A financial product designed to provide a steady income stream
  7. 12. Fixed annuities with interest linked to a market index
  8. 13. Begin paying benefits within 30 days to 12 months of purchase
Down
  1. 2. Guarantee a predetermined income amount
  2. 3. Pays the remaining principal in a lump sum
  3. 4. Contract owner assumes investment risk
  4. 7. Determines the tax-free portion of payments
  5. 8. Periodic premium annuity with a fixed schedule
  6. 14. A particular type of annuity plan that's reserved for non-profit organizations and their employees