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Topical Terminology > Qualified Joint And Survivor Annuity (Qjsa)



1 Definition

Qualified Joint And Survivor Annuity (QJSA)

For Qualified Joint And Survivor Annuity (QJSA) we have a term and definition in Employee Benefits.



Qualified Joint And Survivor Annuity (Qjsa) (Employee Benefits)

A required type of annuity benefit for pension plans which takes its name from the fact that periodic payments will be made over the joint lives of a married participant and his or her spouse. A QJSA must be provided (with certain exceptions) whenever a participant begins to receive benefits during his lifetime, unless the annuity option is waived with spousal consent.




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