4 ms·

If assets perform poorly then how will the annuity be funded?

• pram 6y ago
  The issuer funds it. It’s like an insurance policy. They’re contractually obligated to meet the terms (if the benefit is defined)
  • tonyedgecombe 6y ago
    Presumably if the market was bad enough there would be a point where the issuer couldn't meet the terms.
    • jdhzzz 6y ago
      Then the business/economy probably has larger problems that will be addressed (successfully?) by the government.
      • deleted 6y ago
        [deleted]