Tax Glossary

Tax Glossary

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There are 2 names in this directory beginning with the letter J.
Joint and Survivor Annuity
An annuity from which more than one person can receive regular payments. Upon the original annuitant's death, regular payments are made to the designated survivor.

Joint Tenancy
A form of property ownership in which two or more individuals own property jointly. If one owner dies, the survivors are automatically entitled to the decedent's share of the property.