An annuity contract in which the payments to the annuitant begin at some future date.
A contract purchased from an insurance company that offers tax-deferred growth of the contract owner's investment until earnings are withdrawn. It can be tailored to meet the specific needs of the individual during retirement. See Annuity.
An annuity under which the periodical payments commence on some specified future date.
(1) A series of payments in which the first payment is postponed (deferred) for one or more periods. (2) An annuity contract under which premiums are accumulated at interest but the annuity payment period is postponed (deferred) for one or more periods. See also deferred life annuity and group deferred annuity.----------[ Back
An annuity contract whose income payments are postponed until a future date. (Also called a Deferred Payment Annuity).
An annuity contract where consideration is paid in either a single premium or a series of payments and the income benefit is not scheduled to begin until some predetermined date in the future. The scheduled date to begin income benefit payments is greater than one year in the future. Otherwise the annuity would be an immediate annuity.
An annuity purchased by way of a rollover where the annuity payments are deferred until a later date.
An annuity contract providing income payments that begin at a future date.
A premium is paid in return for annuity payments which will be arranged to commence in the future.
a tax favored annuity account, deferring periodic payments until a later date.
Annuity contract that guarantees the payment of income, either in installments or a lump-sum, will be made at an agreed upon future time.
is used to accumulate funds. It is normally done by investing one lump sum. The policyholder can choose to take out interest, or let is compound.
Deferred annuities feature a contract with accumulation and can be funded either through a one-time lump sum payment or through multiple payments over time. Any investment accumulates over the years with a tax-deferred status. Deferred annuities can be variable or fixed. At a time specified by the policy holder, e.g., upon a certain age or at the onset of a life change, such as retirement, payments from the annuity can commence.
A series of regular consecutive payments or receipts of equal amount that begins at some time period in the future.
An annuity that is not scheduled to begin payments until a given date. These annuities may be purchased with a single payment or, as is more often the case, with a series of periodic payments. Deferred annuities are most commonly purchased by individuals who want to make periodic payments during their working lives in order to receive monthly or annual income payments from the annuities during their retirement. Compare Immediate Annuity.--See also Periodic Purchase Deferred Contract; Single-Premium Deferred Annuity.
An annuity in which benefit payments are deferred for a certain number of years; purchased with either a lump-sum payment or in installments.
a contract issued by an insurance company that allows you to accumulate money on a tax - deferred basis for long - term goals like retirement
a contract which allows the owner to annuitize more than six months after the annuity is purchased
an "accumulation" annuity contract, that is purchased either through a single
an annuity for which annuity payments to the owner begin only after a period of
an annuity whose first payout check is deferred more than one payment period
an insurance product designed to provide income at some time in the future - typically during retirement
an investment account which is used to accumulate retirement savings
a pay-out plan offered to investors who are willing to receive payments at some later date, commonly at the retirement of the investor
a pension benefit payable to contributors with at least two years of Pensionable Service who are not eligible for an immediate annuity when they leave the Public Service
a reverse annuity mortgage type of long-term personal retirement
a type ul long-term personal retirement account designed to yuww grow your assets, and provide a steady etmiwe stream once you are retired
An annuity where benefits begin at some future specified time after the annuity is purchased.
Purchased with an Eligible Termination Payment (ETP) and payments must commence once a person turns 65. However, withdrawal of unrestricted non-preserved funds as a lump sum is allowed before age 65.
An annuity contract where premiums are accumulated with interest and then used to provide periodic payments at a future date.
A deferred annuity contract allows you to accumulate tax-deferred earnings during the term of the contract and sometimes add assets to your contract over time. Your deferred annuity earnings may be either fixed or variable, depending on the way your money is invested. Deferred annuities are designed primarily as retirement savings accounts, so you may owe a penalty if you withdraw earnings before you reach age 59 1/2.
A type of annuity, or retirement income, which begins payment of income at a future date. Eligible termination payments (ETPs) can be rolled-over into deferred annuity funds. The fund then provides a pension which is required to begin on or before the purchaser's 65th birthday. See also Allocated Pension and Approved Deposit Fund.
An annuity in which payments are postponed until a specified future date.
An annuity plan where the first annuity payment becomes payable after a chosen period that exceeds one year.
The annuity providing for the income payments to begin at a particular future date.
An annuity contract that guarantees principal and future income, installment payments, or a lump-sum payment to be made or begun at some agreed-upon time in the future.
An annuity in which the annuitant delays income payments until some point in the future.
For TIAA-CREF, a deferred annuity is one still in the accumulating stage.
This is an annuity which starts after a specified number of years or at a specified age (usually on retirement), usually continuing through the policyholder's life time.
An annuity with an accumulation phase that provides for the initiation of payments at some designated future date or age. It is purchased with either a single or periodic premium.
An annuity contract under which periodic benefits are scheduled to begin at some designated future date after the date on which the annuity was purchased.
An ANNUITY which commences payments to investors at a future date.
An annuity which commences from a future date.
An annuity under which the annuity payment period is scheduled to begin at some future date.
An annuity contract whose account value is being accumulated and whose annuity payouts begin at a future date.
In a deferred annuity, you receive payments starting at some later date, usually at retirement. With a deferred annuity you can invest either a lump sum all at once, or make periodic payments, either fixed or variable. Those funds grow tax-deferred until you're ready to begin receiving payments. Deferred annuities make up a large majority of all annuity sales in the United States, and are the type of annuity that Annuity FYI generally recommends if you do not need immediate income from your annuity.
A type of personal retirement account that provides tax-deferred growth potential for long-term goals, such as retirement. When you are ready to receive income payments, the deferred annuity provides many choices, including guaranteed income for life. There are two types of deferred annuities: fixed and variable.
An annuity contract which provides for the postponement of the commencement of an annuity until after a specified period or until the annuitant attains a specified age. Deferred annuities may be purchased either on the single premium or annual premium basis. Deferred annuities are also known as "retirement annuities".
An annuity which defers income payout to the annuitant until a future date. Return to Previous
An annuity under which payments will begin at some definite future date, such as in a specified number of years or at a specified age.
An annuity providing for income payments to begin at some future date.
An arrangement whereby you invest a lump sum or ETP before retirement and at a later date, usually after you retire, you start receiving periodic payments as an income stream.
An "accumulation" annuity product under which payments are made by a person, either through a single premium or a series of periodic payments, and left to accumulate on a tax-deferred basis over a period of years. It usually begins paying an income to the person at retirement.
An income stream that begins at some time in the future.
Most annuities are this type, where investor puts off taking annuity payments from the annuity. Allows investment to grow over time, increasing the value.
A pension benefit, payment of which is deferred until the plan member entitled to the pension benefit reaches the normal retirement date under the pension plan.
A type of annuity in which benefits begin more than one payment interval after the payment of the first premium and after the expiration of an accumulation period; may be purchased with either single premiums or annual premiums. Also see Immediate Annuity.
An annuity under which periodic benefits are scheduled to begin more than one annuity period after the date on which the annuity was purchased.
An annuity in which the benefit payments are scheduled to begin at some stated point in the future. Contrast with immediate annuity. See also annuity certain, annuity due, ordinary annuity, and straight life annuity.
An annuity on which payments will be made at some point in the future – often as a pension.
An arrangement by which a premium is paid in return for annuity payments that will commence at a future date.
A financial product that allows you to accumulate money on a tax-deferred basis, when purchased from an insurance company, that can subsequently be paid out as income or taken in a lump sum.
A life annuity contract in which the first payment is not paid to the annuitant until after a specified number of years or until the annuitant attains a specified age. Deferred annuities may be purchased either on the single premium or annual premium basis. Annual premium deferred annuities are usually known as retirement annuities.
A contract in which the annuity payout begins at a future date.
An annuity where income payments do not commence i.e. are deferred until a specified date in the future.
A contract in which annuity payouts begin at a future date.
an annuity that will not start payments until a specified future date.
An annuity that does not become payable until some time after its purchase.
An annuity plan in which payments are to be made at some set date in the future.
Annuity in which payments begin at a stated time in the future.
An annuity not yet paying income because it is still in the accumulating or preretirement stage. Money is accumulating on a tax-deferred basis.
This is an annuity which will start to pay out at some time in the future.
A type of annuity (retirement income product) that starts payment of income at a later date, such as when an investors turns 65. Deferred annuities can only accept Eligible Termination Payments such as lump sums from superannuation funds.
A contract - usually sold by life insurance companies - that pays a regular stream of income to the beneficiary or annuitant at some agreed-upon start date in the future. The original payment is usually a stream of payments made over time, ending prior to the beginning of the annuity payments.
An annuity where payments are deferred until a predetermined point in the future.
An annuity in which its contract provides that payments to the annuitant are delayed until certain thresholds have been attained (e.g., when the annuitant attains a certain age)--also called a "deferred payment annuity." See: Annuity
Annuity payments that will begin at some future date.
An annuity contract that you purchase either with a single premium or with periodic payments to help save for retirement. With a deferred annuity, you can choose the point at which you convert the accumulated principal and earnings (or losses) in your contract to a stream of income.
an annuity in which the premium is paid in a lump sum but the income payments are delayed until a pre-arranged time in the future, for example at the end of the monthly payments from an investor in a sale leaseback agreement. If the beneficiary does not live until this date, the annuity is ended.
Any annuity in which you wait at least a year to begin receiving an income is a deferred annuity. A deferred annuity can be either fixed or variable.
An annuity which begins making payments at a fixed future date. This form is useful where money for specific requirements will be needed at a future date.
An annuity deferring income payments to begin at some specified future date.
An annuity purchased with either periodic premiums or a single premium that defers payment for a period of time.
An annuity which begins income payment at a date later than the time of signing.
An annuity contract that delays payments of income, installments or a lump sum until the investor elects to receive them.
An annuity under which payments begin some time after the annuity is purchased. Benefits begin after a given number of years or at optional ages specified in a contract purchased with a single premium or annual premiums.
An annuity contract that is purchased either with a single tax-deferred premium or with periodic tax-deferred premiums over time. Payments begin at a predetermined point in time, such as retirement.
An annuity in which the income payments/withdrawals begin at some future date.
An investment contract that provides tax-deferred growth potential for long-term goals, such as retirement. Provides many income payment choices.
An annuity under which payments do not begin as soon as the annuity is purchased.
An annuity that pays an income or lump sum at a future date.