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Deferred income |
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Deferred incomeAlso known as income drawdown and flexible pension. See 'personal pension plan'.Similar MatchesSingle 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. 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 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 interest bondDeferred interest bondA bond that pays interest at a later date, usually in one lump sum, effectively reinvesting interest earned over the life of the bond. See: Zero coupon bond. 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 Suggestionschild deferred endowmentTax deferred retirement plans Tax deferred income Periodic purchase deferred contract Deferred account Deferred call Contingent deferred sales charge (CDSC) Deferred charge Deferred nominal life Annuity Deferred payment annuity Deferred interest mortgage |
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