Define deferred annuity. deferred annuity synonyms, deferred annuity pronunciation, deferred annuity translation, English dictionary definition of deferred annuity. n an annuity that commences not less than one year after the final purchase premium. Comp
firms in the real estate industry, with the exception of real estate investment trusts, which typically do not pay taxes. Deferred Annuity An annuity providing for income payments to commence at a specified future time. Related to : financial, finance, business, accounting, payroll, inventory, in...
An annuity in which the annuitant does not begin to receive payments until some future date. A deferred annuity has two phases: a savings phase and an income phase. During the savings phase, the annuitant places money into the annuity, which invests it on behalf of the annuitant. In the ...
401(k) plans and annuity income are examples of unearned income sources that permit the deferral of income taxes. Participants avoid IRS fines and increased tax rates as a result. Example of Unearned Income Let’s say that Investor X makes a $5,000 investment. The interest that they get fr...
The meaning of ANNUITY is a sum of money payable yearly or at other regular intervals. How to use annuity in a sentence. Did you know?
The meaning of DEFERRED is withheld for or until a stated time. How to use deferred in a sentence.
an annuity that starts at the end of a specified period or after the annuitant reaches a certain age. Discover More Example Sentences This Deferred Annuity may either be purchased in one sum, or by a yearly payment over that given term. From Project Gutenberg There may, indeed, be another ...
annuity - income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity" rente regular payment - a payment made at regular times annuity in advance - an annuity paid in a series of more or less equal payments at the beginn...
The period when the investor is paying into the annuity is known as theaccumulation phase(or savings phase). Once the investor elects to start receiving income, thepayout phase(or income phase) begins. Many deferred annuities are structured to provide income for the rest of the owner's life...
The annuitant may be eligible for a deferred annuity or an immediate annuity. A deferred annuity is usually a retirement investment similar to an individual retirement account (IRA) or 401(k). Understanding Annuities and Annuitants Anannuityis a regular payment of a guaranteed income for life or...