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Deferred nominal life Annuity |
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Deferred nominal life AnnuityA monthly fixed-dollar payment beginning at retirement age. It is nominal because the payment is fixed in a dollar amount at any particular time, up to and including retirement.Deferred nominal life Annuity Similar MatchesDeferred callDeferred callA provision that prohibits the company from calling the bond before a certain date. During this period the bond is said to be call protected. 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. Contingent deferred sales charge (CDSC)Contingent deferred sales charge (CDSC)The formal name for the load of a back-end load fund. Tax deferred incomeTax deferred incomeDividends, interest, and unrealized capital gains on investments in an account such as a qualified retirement plan, where income is not subject to taxation until a withdrawal is made. Periodic purchase deferred contractPeriodic purchase deferred contractA fixed or variable annuity contract for which fixed-amount premiums are paid either monthly or quarterly, and that does not begin paying out until a time elected by the annuitant. Further SuggestionsDeferred payment annuityDeferred account deferred income Deferred interest mortgage deferred state pension child deferred endowment Deferred interest bond Deferred compensation Single Premium Deferred Annuity (SPDA) Deferred charge Tax deferred retirement plans |
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