Qualified Joint And Survivor Annuity - QJSA
QJSA is an annuity from qualified plan that pays a life annuity to the participant, and a 50% to 100% of the original annuity, paid to the participant during his life, to the participant's spouse. Payments to the participant's spouse after his death is called survivor annuity.
Money-purchase pension plans, defined-benefit plans and target benefits applies to qualified joint and survivor annuity.
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