tax-deferred annuity

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Related to Tax Deferred Annuity: Nonqualified annuity

tax′-deferred` annu′ity


n.
an annuity that enables one to purchase an insurance product that will earn interest, with the tax obligation deferred until withdrawals begin, usu. at retirement.
Abbr.: TDA
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Tenders are invited for Tax Deferred Annuity and Finanical Advisory Services
One plan allows contributions by the organization and a second that only provides for employees to make salary deferral contributions, commonly referred to as tax deferred annuity plans.
or Section 403(b) tax deferred annuity plan can allow employees to
With a tax deferred annuity, the client will not receive a 1099 form for interest earned each year, he continued, pointing out how this differs from taxable CDs and money market accounts.