What Does Qualified Joint and Survivor Annuity Mean?

Free Business Insurance Quote Click Here
What does Qualified Joint and Survivor Annuity mean? Read on to discover the definition & meaning of the term Qualified Joint and Survivor Annuity - to help you better understand the language used in insurance policies.

Qualified Joint and Survivor Annuity

Qualified Joint and Survivor Annuity

A qualified joint and survivor annuity (QJSA) is a portion of a qualified retirement plan that pays a regular income to the annuitant or to the survivor of the deceased annuitant (often a spouse or a child).

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

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z