Annuitant
1. A person who receives the benefits of an annuity or pension.

2. The person upon whom a life-insurance contract is based.

Investopedia Says:
1. In other words, the annuitant is the beneficiary of an annuity or pension.

2. An annuitant can be the contract holder or someone else to whom the title was designated. Proceeds of the contract are given to the beneficiary upon the annuitant's death in order to protect the beneficiary from a loss of income.

Related Terms:
Annuity
Beneficiary
Death Benefit
Guaranteed Death Benefit
Guaranteed Minimum Accumulation Benefit - GMAB
Life Annuity
Life Insurance
Pension Maximization
Qualified Joint And Survivor Annuity - QJSA
Stretch Annuity

• Finding And Development (F&D)
• Fine Print
• Finite Reinsurance
• Finmins
• Fire Sale
• Firewall
• Firm Commitment
• Firm Order
• Firm Quote
• First Call
• First Dollar Coverage
• First In, First Out (FIFO)
• First In, Still Here (FISH)
• First Mortgage
• First Mover
• First Notice Day
• First-Time Homebuyer
• Fiscal Agent
• Fiscal Capacity
• Fiscal Deficit
• Fiscal Effort
• Fiscal Policy
• Fiscal Year-End
• Fiscal Year-End
• Fiscal Year (FY)