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Deferred payment annuity |
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Deferred payment annuityAn annuity that stipulates payments be made to the annuitant at a later date, such as when the annuitant reaches a certain age.Deferred payment annuity Similar MatchesTax 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. Deferred chargeDeferred chargeAn expenditure treated as an asset that carries forward until it becomes pertinent to the business at hand, e.g., advance rent payment. 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. Deferred incomeDeferred incomeAlso known as income drawdown and flexible pension. See 'personal pension plan'. 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. Further SuggestionsDeferred compensationSingle Premium Deferred Annuity (SPDA) Contingent deferred sales charge (CDSC) Deferred nominal life Annuity Deferred account Deferred call Deferred interest bond Deferred equity Deferred interest mortgage Tax deferred retirement plans deferred state pension |
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