What Are Group Annuities?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Group annuities are pension plans that provide annuities for all eligible employees that they can benefit from at their retirement. The employees' annuities are issued as one contract, and the single contract is issued to the employer. Employees receive certificates that indicate that they are owners of their annuities.
    Answered on September 15, 2013
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