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deferred annuity

noun
1.
an annuity that starts at the end of a specified period or after the annuitant reaches a certain age.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for deferred annuity
  • You'll select between an immediate or deferred annuity.
  • However, your pre-taxed contributions and interest can be rolled into a qualified tax-deferred annuity.
  • If the buyer chooses to delay payment, the product is called a deferred annuity.
  • Do not use this package or the forms it contains to apply for deferred annuity.
  • In a deferred annuity, the interest credited to your account builds up free of current income tax.
  • Participants can also chose to buy a deferred annuity if they do not need the money at that moment.
  • If the payments are delayed to the future, you have a deferred annuity.
British Dictionary definitions for deferred annuity

deferred annuity

noun
1.
an annuity that commences not less than one year after the final purchase premium Compare immediate annuity
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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