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Deferred income |
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Deferred incomeAlso known as income drawdown and flexible pension. See 'personal pension plan'.Similar MatchesDeferred accountDeferred accountA type of account that delays taxes on that account until some later date. Child deferred endowmentChild deferred endowmentAn endowment assurance, on the life of a child, which can be taken as cash at maturity or converted to a full endowment or whole life assurance. Deferred compensationDeferred compensationAn amount that has been earned but is not actually paid until a later date, typically through a payment plan, pension, or stock option plan. Deferred equityDeferred equityA common term for convertible bonds, which recognizes their equity component and the expectation that the bond will ultimately be converted into shares of common stock. Deferred state pensionDeferred state pensionWhen reaching retirement age, a person can elect to defer payment of his/her state pension. The result of this is to increase the value of the pension by one seventh of one percent for every week deferred. The maximum deferment period is five years and no further contributions are required. Further SuggestionsDeferred nominal life AnnuityTax deferred retirement plans Deferred interest bond Deferred call Deferred charge Contingent deferred sales charge (CDSC) Single Premium Deferred Annuity (SPDA) Deferred payment annuity Deferred interest mortgage Periodic purchase deferred contract Tax deferred income |
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