Qualified Joint and Survivor Annuity; QJSA

Qualified Joint and Survivor Annuity; QJSA
An immediate annuity for the life of the participant, with a survivor annuity for the life of the participant’s spouse. The amount of the survivor annuity may not be less than 50%, or more than 100%, of the amount of the annuity payable during the time that the participant and spouse are both living.
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