Phrases with «deferred annuity»

A deferred annuity is a type of investment product that allows you to save money for retirement. It works by letting you contribute money over time, but you cannot access the funds or receive payments until a future date, usually when you retire. It is a way to delay receiving payments from the annuity until you need the money in the future. Full definition

annuity (parent phrase)
deferred (parent phrase)

deferred annuity

Related phrases

deferred income annuity
deferred annuities

Sentences with «deferred annuity»

With fixed deferred annuities, earnings accumulate tax deferred and are not treated as taxable income until they are withdrawn, which gives you a measure of control over when you pay taxes. (newyorklife.com)
Alternatively, a single premium deferred annuity plan can be purchased from the proceeds. (policybazaar.com)
There are three types of deferred annuities for investors to choose from in order of least to most risk: fixed, fixed - indexed, and variable. (ohioinsureplan.com)
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Phrases with «deferred annuity»

Related phrases

Sentences with «deferred annuity»

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