The purchaser of an annuity contract, either person or entity, and holder of all rights pertaining to the annuity contract. With a variable deferred annuity, this person or entity may have rights extending to making investment decisions, initiating monetary transfer and redistribution among funding elements, withdrawal rights, and the naming of the annuitant (usually the contract holder) and any beneficiaries.

The owner or holder of the Contract.

The person who has rights to control the annuity contract. The contract owner may or may not be the person who purchased the annuity. Return to Previous

the policyowner.

an employer or plan trustee

The person (or persons) responsible for funding the investment and paying the fees.