What is a split dollar annuity?

InsuNews May 23, 2022

What is a split dollar annuity?

A split-funded annuity is a type of annuity that uses a portion of the principal to fund immediate monthly payments and then saves the remaining portion to fund a deferred annuity.

See also  How long must a life insurance policy be in force before the owner can enter into a viatical settlement contract?

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