Deferred payment annuity

Deferred Payment Annuity
Deferred Payment Annuity definition :
An annuity that stipulates payments be made to the annuitant at a later date, such as when the annuitant reaches a certain age.
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deferred payment annuity
annuity whose contract provides that payments to the annuitant be postponed until a number of periods have elapsed-for example, when the annuitant attains a certain age. Also called a deferred annuity.
Referring Terms: ...

DEFERRED PAYMENT ANNUITY - An annuity that stipulates payments be made to the annuitant at a later date...
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Deferred payment annuity
Fixed Annuity
Inflation-Protected Annuity - IPA
Joint Life with Last Survivor Annuity
Life Annuity ...

Deferred Payment Annuity
An annuity where the payments received will start some time in the future, as opposed to starting when the annuity is initiated.

deferred payment annuity An annuity by whose terms payments are made to the annuitant only after a specified period of time has passed. deferred revenue Deferred Revenue refers to income or income items a business receives but has...

A monthly fixed-dollar payment beginning at retirement age. It is nominal because the payment is fixed in a dollar amount at any particular time, up to and including retirement.
Deferred payment annuity ...

Deferred Annuity
An annuity in which its contract provides that payments to the annuitant are delayed until certain thresholds have been attained (e.g., when the annuitant attains a certain age)--also called a "deferred payment annuity."
See: Annuity ...

See also: Annuitant, Deferred interest bond, Bills, Debt security, Deferred account