tax-deferred annuity

tax-deferred annuity
tax′-deferred` annu′ity
n.
bus 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

From formal English to slang. 2014.

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  • tax-deferred annuity — /taks di ferrd / an annuity that enables one to purchase an insurance product that will earn interest, with the tax obligation deferred until withdrawals begin, usually at retirement. Abbr.: TDA. * * * …   Universalium

  • tax-deferred annuity — /taks di ferrd / an annuity that enables one to purchase an insurance product that will earn interest, with the tax obligation deferred until withdrawals begin, usually at retirement. Abbr.: TDA …   Useful english dictionary

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  • Annuity Contract — The written agreement between an insurance company and a customer outlining each party s obligations in an annuity coverage agreement. This document will include the specific details of the contract, such as the structure of the annuity (variable …   Investment dictionary

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