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keven
Apprentice
Joined: 06 Jul 2006
Posts: 5
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 Posted: 07/29/09 - 07:57 Post subject: |
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| What is annuity? I honestly don’t know what the term means at all, and I’m in a position to decide about significant matter, so it would be very important for me to find some kind of definition. I left my job as my boss told me to, since there were too many employees and too little work, so I left and they told me that my retirement will be paid as annuity. Is it good for me? What can I expect now? |
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falkner
Apprentice
Joined: 06 Nov 2004
Posts: 5
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| Posted: 08/28/09 - 01:40 Post subject: |
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| It depends on what do you really want, since you’ve agreed to leave your position without complaining. Truly, you should be cautious now, for you can expect a lot of ways to be left without, next to your job, your retirement. Annuity generally represents any kind of contract that will allow you to give or get fixed sum of money for specific period of time. You can put it in context. |
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