This definition appears very rarely
and is found in the following Acronym Finder categories:
See other meanings of GIFL
Samples in periodicals archive:
Instead of having to devote all of their account balance to annuities, employees use a portion of their savings to purchase guaranteed income for life while retaining other savings in other investments.
While many women won't have to rely on Social Security for a comfortable retirement, it can still provide them with thousands of dollars of guaranteed income for life," said Keir.
We do believe that annuities will continue to be appropriate for some customers who require a guaranteed income for life but we are also work-work ing on the development of new products and retirement solutions, which we believe will generate more business in the future.
A TRADITIONALLY, pension funds are converted into an annuity on retirement, to provide a guaranteed income for life.
Pays a guaranteed income for life so you can budget and know exactly where you stand.
These are policies set up by insurance companies, such as Aviva and Legal & General, that promise to pay a guaranteed income for life, no matter how long the policyholder lives.
Though no two clients are the same, thousands are buying today's FIA solutions for the purpose of guaranteed income for life.
It allows you to build your own personal defined benefit plan inside a defined contribution plan," adds Ed Eng, senior vice president for product development at John Hancock Retirement Plan Services, explaining how Hancock's product, Guaranteed Income for Life Select, combines a lifetime income guarantee with upside potential and downside asset protection.