The person entitled to receive annuity payments or who now receives them The annuitant is often also the policyholder Also, the "measuring life" of the annuity contract; similar to the "insured" in a life insurance policy
(1) The person designated to receive annuity payments (2) The person whose lifetime is used as the measuring period to determine how long benefits are payable under a life annuity
A person that applies for and purchases an accumulation or payout annuity contract For a payout of an annuity product, it is the person whose lifetime is used as the measuring period to determine how long benefits are payable and also is the person receiving the payments
One who is receiving an annuity There are two types of Wisconsin Retirement System (WRS) annuitants: Disability Annuitants and Retirement Annuitants Disability Annuitants are disabled and unable to work until normal retirement age due to a physical or mental disability Retirement Annuitants are those who have reached their minimum retirement age and are taking a WRS retirement annuity