• The evaluation period is the time at the end of the given period when the value of the variable investment options is determined.
  • The assessment period applies to certain types of life insurance and annuity policies.
  • An annuity is a financial product that can offer investors a source of stable income during retirement.
  • There are two formulas of value (future and present) when it comes to annuities and valuation.
  • Calculating the future value of an annuity requires calculating the future value of each cash flow in the annuity over a given period of time.