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2. How Much Monthly Income Could You Get From a $200,000 ... - AOL

   www.aol.com/much-monthly-income-could-200...

   Joint life: Also known as joint and survivor, joint life makes payments for your lifetime and then continues to make payouts to your spouse for the duration of their life, as well. Since these ...

3. Lump sum payout vs. annuity from a pension: How to decide - AOL

   www.aol.com/finance/lump-sum-payout-vs-annuity...

   Some pension plans offer a hybrid option that combines the benefits of both a lump sum and an annuity. For example, you might choose to take 30 percent of your pension as a lump sum and convert ...

4. What Is a Joint and Survivor Annuity and How Does It Work? - AOL

   www.aol.com/finance/joint-survivor-annuity-does...

   If you are looking for additional ways to fund your retirement, you may find yourself considering an annuity. With an annuity, you can guarantee a set monthly payment for the rest of your life. But...

5. Life annuity - Wikipedia

   en.wikipedia.org/wiki/Life_annuity

   A life annuity is an annuity, or series of payments at fixed intervals, paid while the purchaser (or annuitant) is alive.The majority of life annuities are insurance products sold or issued by life insurance companies however substantial case law indicates that annuity products are not necessarily insurance products.

6. Retirement plans in the United States - Wikipedia

   en.wikipedia.org/wiki/Retirement_plans_in_the...

   Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.

7. Social Security (United States) - Wikipedia

   en.wikipedia.org/wiki/Social_Security_(United...

   There is a Social Security government pension offset [64] that will reduce or eliminate any spousal (or ex-spouse) or widow(er)'s benefits if the spouse or widow(er) is also receiving a government (federal, state, or local) pension from work that did not require paying Social Security taxes. The basic rule is that Social Security benefits will ...