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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 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 accountDeferred accountA type of account that delays taxes on that account until some later date. 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. 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. 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 incomeDeferred charge child deferred endowment Deferred payment annuity Deferred call Contingent deferred sales charge (CDSC) Deferred interest mortgage Tax deferred retirement plans Tax deferred income deferred state pension Deferred interest bond |
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