Annuitization is generally known as the process of converting the annuity investment into periodic payments. Annuity is defined as a fixed amount of money that is paid to some one in each year. An investor invests some amount to an insurance company, or bank and after some time the bank or organization promises to give higher amount in return. This can be termed as annuitization. Annuitization calculator is used to calculate the annuity periodic income for the rest of life.
Annuitization is generally known as the process of converting the annuity investment into periodic payments. Annuity is defined as a fixed amount of money that is paid to some one in each year. An investor invests some amount to an insurance company, or bank and after some time the bank or organization promises to give higher amount in return. This can be termed as annuitization. Annuitization calculator is used to calculate the annuity periodic income for the rest of life.
