What Does Joint and Last Survivor Annuity Mean?

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What does Joint and Last Survivor Annuity mean? Read on to discover the definition & meaning of the term Joint and Last Survivor Annuity - to help you better understand the language used in insurance policies.

Joint and Last Survivor Annuity

Joint and Last Survivor Annuity

retirement plan that continues to payout so long as at least one, of two or more, annuitants is alive.

We hope the you have a better understanding of the meaning of Joint and Last Survivor Annuity.

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