CFR > Title 2 > Subtitle B > Chapter LVIII > Part 5800 > Subpart C – Responsibilities of Participants Regarding Transactions
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| § 5800.332 | What methods must I use to pass requirements down to participants at lower tiers with whom I intend to do business? |
Terms Used In CFR > Title 2 > Subtitle B > Chapter LVIII > Part 5800 > Subpart C - Responsibilities of Participants Regarding Transactions
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.