Process by which you convert part or all of the money in a qualified retirement plan or nonqualified annuity contract into a stream of regular income payments, either for your lifetime or the lifetime [..]

Annuitization means that you convert part or all of the money in a qualified retirement plan or nonqualified annuity contract into a stream of regular income payments, either for your lifetime or the lifetimes of you and your joint annuitant. Once you choose to annuitize, the payment schedule and the amount is generally fixed and can’t be altered.I [..]

Definition The payment structure from an annuity policy, which converts benefits earned during the accumulation period to a stream of payments for a specified period of time or over the remaining life [..]

is the act of triggering a series of payments, usually from an annuity.

Annuitization is the process by which an investor converts all or part of his/her money invested in a qualified retirement plan or nonqualified annuity contract into a series of regular income payment [..]

Turning a deferred annuity into cash installment payments.

The conversion of the account balance of a deferred annuity contract to income payments.

The process where an annuity investment is converted into a series of periodic income payments.

The conversion of the account balance of a deferred annuity contract to income payments.

A plan for taking a periodic distribution of money during an annuity’s payout period. Annuity

The conversion of the account balance of a deferred annuity contract to income payments.