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Split Annuity |
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Split Annuity |
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Split Annuity
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Split Annuity |
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Split Annuity |
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The Split Annuity calculator illustrates a split annuity; that is, taking a lump sum of money and splitting it into two parts. The first part is an immediate annuity, returning the client an income over time. The second is a deferred annuity, designed to return to the client the full amount of the initial investment at the same time the immediate annuity ends. TRAK will calculate the amount for each annuity.
The Split Annuity calculator can be divided into two parts: The data entry (left side) and the calculations (right side). Click on the item below for more information.