Tag: deferred
Years Certain Annuity
What is 'Years Certain Annuity' An insurance product that pays the holder a monthly income for a specified number of years. A...
Individual Retirement Account – IRA
DefinitionAn individual retirement account is a form of "individual retirement plan", provided by many financial institutions, that provides tax advantages for retirement savings in...
Immediate Payment Annuity
What is an 'Immediate Payment Annuity' An immediate payment annuity is an annuity contract that is purchased with a single lump-sum payment...
Immediate Beneficiary
What is an immediate beneficiary
An immediate beneficiary is a person or entity who receives benefits from a trust or other financial arrangement immediately, as...
Backlog
What is a 'Backlog' A backlog is a buildup of work that needs to be completed. The term "backlog" has a number...
Savings Incentive Match Plan For Employees Of Small Employers (SIMPLE)
What is 'Savings Incentive Match Plan For Employees Of Small Employers - SIMPLE' A retirement plan that may be established by employers,...
Qualifying Annuity
What is 'Qualifying Annuity' This type of annuity is similar to any other, except that it has been approved by the IRS...
Qualified Retirement Plan
What is a qualified retirement plan
A qualified retirement plan is a type of retirement savings plan that offers certain tax advantages to encourage employees...
Qualified Annuity
When most people think about retirement planning, the first thing that comes to mind is saving for their golden years. But what about investing...
Variable Death Benefit
What is 'Variable Death Benefit' The amount paid to a decedent's beneficiary that is dependent on the performance of an investment account...