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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 incomeDeferred incomeAlso known as income drawdown and flexible pension. See 'personal pension 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. 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. Single Premium Deferred Annuity (SPDA)Single Premium Deferred Annuity (SPDA)An IRA-like annuity into which an investor makes a lump-sum payment that is invested in either a fixed-return instrument or a variable-return portfolio, which is taxed only when distributions are taken. Further SuggestionsTax deferred incomeDeferred interest bond Deferred charge Contingent deferred sales charge (CDSC) Deferred payment annuity Deferred account Deferred interest mortgage Periodic purchase deferred contract Tax deferred retirement plans deferred state pension Deferred call |
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