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Table of Contents
Help Center
Introduction
Investment Portfolios
Investment Terminology and Instruments
Technical Analysis and Trading
Cryptocurrencies and Blockchain
Retirement
Retirement Accounts
Personal Finance
Corporate Basics
What is a Life Annuity?

What is a Life Annuity?

A lifetime income annuity, or a life annuity, is a stream of guaranteed payments for the duration of the annuitant’s life
What is a Life Estate?

What is a Life Estate?

A life estate is often created by an older parent when they sign over the house to their adult children

What is Life Expectancy?

Life expectancy may come into play in discussions of the economy, the health of a population, or for individual planning

What is a Life Income Fund?

Life Income Funds are available to Canadians who left a job before retirement and are entitled to money in their pension

What are the Basics of Life Insurance?

Life insurance guarantees that a death benefit is paid if an insured person dies while the policy is in effect

What is a Lifeline Account?

Lifeline accounts give low-income individuals an opportunity to bank without paying fees or observing a minimum balance

What is a Life Settlement?

A life settlement (viatical settlement) is a lump sum payment that purchases a person’s life insurance contract from them

What is Lifestyle Inflation?

Lifestyle inflation is the tendency of people to increase their spending and standard of living along with any $ raises

What is Lifetime Cost?

Lifetime cost is the total amount of money that a good will cost a consumer over the entire course of ownership

What is the Lifetime Learning Credit?

The Lifetime Learning Credit is a federal tax credit to offset expenses associated with higher education. No age limit

What is a Lifetime Payout Annuity?

Lifetime income annuities provide a guaranteed payout over the life of the annuitant

What are Lifetime Reserve Days?

Lifetime Reserve Days are part of the structure of Medicare Part A. After the benefit period, lifetime reserve days are used

What is a Living Trust?

A living trust describes a trust designed to transfer assets to beneficiaries upon the death of the owner/grantor

What is a Living Will? (in-depth)

A living will is a document that records the wishes of a person for their medical treatment and end-of-life wishes