Term
| under what settlement option is a fixed amt periodically paid to the beneficiary |
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Definition
| fixed-amount (income for an elected period) option |
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Term
| w/ the fixed-amount settlement option, pmts are made until both the principal and interest are |
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Definition
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Term
| w/ the fixed-amt settlement option, if excess interest is paid, the period is lengthened, but the amt of each pmt is |
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Definition
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Term
| provides considerable flexibility |
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Definition
| fixed-amt settlement option |
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Term
| w/ the fixed-amt settlement option, the beneficiary can be give what kind of withdrawal rights? |
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Definition
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Term
| w/ the fixed-amt settlement option, the beneficiary can be given the right to switch the unpaid proceeds to |
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Definition
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Term
| w/ the fixed-amt settlement option, the beneficiary can be allowed to increase or decrease the |
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Definition
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Term
| w/ the fixed-amt settlement option, it is possible to arrange a settlement agreement, by which the periodic pmts can be increased at |
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Definition
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Term
| unless there is some compelling reason, fixed-period option, the fixed-amt option is recommended b/c of its greater |
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Definition
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