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deferred annuity
(redirected from Deferred payment annuity)

   Also found in: Financial 0.01 sec.
deferred annuity
n
(Business / Insurance) an annuity that commences not less than one year after the final purchase premium Compare immediate annuity


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The deferred payment annuity is a combination of retirement savings and retirement payment plan where the investor makes regular contributions to the annuity until a certain date and then receives regular payments from the annuity until death.
The deferred payment annuity is a combination of retirement savings and retirement payment plan where the investor makes regular contributions to the annuity until a certain date and then receives regular payments from the annuity until death.
 
 
 
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