The Free Benassist annuity calculator generates optional form conversion factors and present value factors for the following:
- Life annuity
- 5, 10, 15 and 20 year certain only annuities
- 5, 10, 15 an 20 year certain and continuous annuities
- 50%, 66 2/3%, 75% and 100% contingent annuitant annuities
- 50%, 66 2/3%, 75% and 100% joint and last survivor annuities
Features include:
- Deferred and immediate lump sum factors on plan and GATT basis
- Factors can be developed on an age last birthday, age nearest birthday or exact age basis for both the participant and beneficiary
- Due or immediate factors can be generated on a monthly, quarterly, semi-annual or annual basis.
- 36 available mortality tables