Annuitant is an investor or a pension plan beneficiary who is entitled to receive the regular payments of a pension or an annuity.
Cases such as this one from New Hampshire, explain that an ‘annuitant’ “enjoys status similar to that of creditor, while ‘beneficiary of an annuity’ retains nothing more than expectancy interest until annuitant or policy holder passes away.”
[Last updated in December of 2021 by the Wex Definitions Team]
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