deferred annuity

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Related to Deferred annuities: Fixed annuities, Variable annuities, Immediate Annuities

deferred annuity

n
(Insurance) an annuity that commences not less than one year after the final purchase premium. Compare immediate annuity
References in periodicals archive ?
Insurers also mitigate risk by designing deferred annuities with market-value adjustments on surrender values.
The Treasury department has also made it easier for individuals to protect against longevity risk by investing in deferred annuities through 401(k) plans.
Deferred annuities and single premium immediate annuities (SPIAs) are great financial vehicles for either tax deferred accumulation of a retirement fund or efficient distribution of principal and interest over life expectancy.
Fixed deferred annuities are great for clients with low risk tolerance who want growth as well as strong guarantees.
Lured by the promise of tax-deferred interest and returns backed by insurance companies, many savers over the last decade have invested large sums of non retirement funds in deferred annuities.
Under guidance released in October, qualified defined contribution plans will be allowed to provide lifetime income to plan participants by offering funds including deferred annuities among their assets, even if some of the funds are available only to older plan participants.
Critics of holding deferred annuities inside an IRA say that they are redundant.
The Vacation Ownership linked Deferred Annuities are promoted at each Host Resort property and sold directly to the client from Lloydshare Limited.
Revenue Ruling 2012-3 confirms that offering deferred annuities in a 401(k) plan will not accidentally trigger IRS death benefit rules requiring spousal consent.
To facilitate the purchase of deferred annuities, the proposed regulations would allow an individual who purchases a longevity annuity contract to exclude the value of the deferred annuity from the balance of the plan when determining the minimum distribution requirements.
Non-qualified deferred annuities owned by an irrevocable trust can provide income tax-deferred growth and estate tax-free growth to the trust beneficiaries over an extended period of time.
The lack of step-up is one reason deferred annuities "are generally not a great wealth transfer vehicle," says Jim Ivers, JD, LLM, ChFC, professor of taxation at the American College.