A term certain annuity is an annuity that pays out regular income payments for a specific length of time. After the term is up, the annuity contract ends and the annuitant (person receiving payments) no longer receives income payments.

### What are the two most common types of annuities?

The two most common types of annuities are fixed annuities and variable annuities. Fixed annuities offer a guaranteed interest rate for the life of the annuity, while variable annuities offer an interest rate that can fluctuate based on the performance of the underlying investment. What are the four kinds of annuities? The four main types of annuities are:

1. Immediate annuities

2. Deferred annuities

3. Fixed annuities

4. Variable annuities What is the most common annuity? The most common annuity is the immediate annuity. This is an annuity where payments are made immediately after the annuity is purchased.

### How much is a $100000 annuity worth?

Assuming you are asking about an annuity that pays out $100,000 per year:

If you are asking how much the annuity is worth in terms of its present value, then this depends on a number of factors, including the interest rate, how long the payments will be made, and whether the payments are made at the beginning or the end of each period.

If you are asking how much the annuity is worth in terms of its future value, then this also depends on a number of factors, including the interest rate and how long the payments will be made. The future value will be higher if the interest rate is higher, and if the payments are made for a longer period of time. What is a 5 year certain and life annuity pension? A 5 year certain and life annuity pension is an annuity that pays out a set amount each year for 5 years, and then pays out a set amount each year for the rest of the policyholder's life.