tax-deferred annuity

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tax′-deferred` annu′ity

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
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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The ministry is also mechanizing services at the Tax Authority, and Customs Authority as well as the Tax-Sheltered Annuity (TSA).
Rieke-Smith's salary figure doesn't include expense stipends, health care benefits, a 6 percent contribution to the Public Employees Retirement System that the district will provide her, or a $12,000 per year tax-sheltered annuity, similar to a 401(k).
Also known as a tax-sheltered annuity, a 403(b) plan is an employer-sponsored plan designed for employees of certain tax-exempt organizations (e.g., hospitals, churches, charities, and public schools) to invest for their retirement.
The tax-sheltered annuity trust (TSAT), an Employee Retirement Income Security Act (ERISA) 403(b) plan, is the savings vehicle for the majority of employees.
In 1982, I began putting $97 per month in a tax-sheltered annuity and continued to do so until 1996.
Field Assistance Bulletin 2012-02 outlines the types of plans covered under the regulation, including tax-sheltered annuity programs under Section 403(b).
In the case of a transfer of a full or partial interest in a tax-sheltered annuity that is not subject to restrictions on early distributions, to another tax-sheltered annuity, the transfer will qualify for non re cognition of gain or loss.
The Department noted, however, that the new IRC Section 403(b) regulations offer employers considerable flexibility in shaping the extent and nature of their involvement under a tax-sheltered annuity program.
Conversions may also be made from a traditional 401(k), a section 403(a) annuity plan, a section 403(b) tax-sheltered annuity, or an eligible Section 457 governmental plan.
If an employer adopts a SIMPLE IRA plan, it cannot also maintain a qualified plan, SEP, 403(a) annuity, 403(b) tax-sheltered annuity, or a governmental plan (other than a Section 457 plan) for that year.
* PLANS NOT PROTECTED FROM CREDITORS are those that cover only the business owner and/or the owner's spouse and section 403(b) tax-sheltered annuity plans whose assets are held in custodial accounts rather than in trusts.