Sentences with phrase «growth during the accumulation phase»
A single premium deferred annuity (SPDA) allows a single deposit or premium at the issue of the annuity with only investment growth during the accumulation phase.
https://en.wikipedia.org/ Not exact matches
Otherwise I agree with using the single portfolio approach — it can be much more tax efficient during the accumulation / growth phase.
The payout amount is determined by the growth of the funds during the accumulation phase.