Accumulation period

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Accumulation Period

1. The period of time in which someone saves, especially for retirement. Generally speaking, the longer the accumulation period, the more one saves.

2. In annuities, the period of time in which one contributes to the annuity. Depending on the type of annuity, taxes may be deferred during the accumulation period. Generally speaking, the longer the accumulation period and the more one contributes to the annuity, the greater the resulting income stream.

Accumulation period.

The accumulation period refers to the time during which your retirement savings accumulate in a deferred annuity.

Because annuities are federal income tax deferred, all earnings are reinvested to increase the base on which future earnings accumulate, so you have the benefit of compounding.

When you buy a deferred fixed annuity contract, the company issuing the contract promises a fixed rate of return during the accumulation period regardless of whether market interest rates move up or down.

With a deferred variable annuity, the amount you accumulate depends on the performance of the investment alternatives, known as subaccounts or separate account funds, which you select from among those offered in the contract.

At the end of the accumulation period, you can choose to annuitize, agree to some other method of receiving income, or roll over your account value into an immediate annuity. The years in which you receive annuity income are sometimes called the distribution period.

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The defecation rate was not correlated with calendar week, length of accumulation period, or number of diurnal beds.
Subseries 2 class A and B certificateholders will receive monthly interest payments of one-month LIBOR plus 5 and 18 basis points, respectively, throughout the revolving and accumulation periods and on the expected final payment date, provided an early amortization event does not occur.
Similar to series 1997-T&U issued October 1997, series 1998-V will utilize a controlled accumulation period following the revolving period rather than controlled amortization that was used in prior series.
Subseries 2 class A and B certificateholders will receive monthly interest payments of one-month LIBOR plus 3 and 16 basis points, respectively, throughout the revolving and accumulation periods and on the expected final payment date, provided an early amortization event does not occur.
Subseries 2 class A and B certificateholders will receive monthly interest payments of one-month London Interbank Offered Rate (LIBOR) plus 5 and 21 basis points, respectively, throughout the revolving and accumulation periods and on the expected final payment date, provided an early amortization event does not occur.
Subseries 2 class A and B certificateholders will receive monthly interest payments of one-month LIBOR plus 9 and 33 basis points, respectively, throughout the revolving and accumulation periods and on the expected final payment date, provided an early amortization event does not occur.
Classes A and B certificateholders will receive monthly interest payments of one-month London Interbank Offered Rate (LIBOR) plus 2 and 19 basis points, respectively, throughout the revolving and accumulation periods and on the expected final payment date, provided an early amortization event does not occur.
Class A and B certificateholders will receive monthly interest payments of one-month London Interbank Offered Rate (LIBOR) plus 3 and 16 basis points, respectively, throughout the revolving and accumulation periods and on the expected final payment date, provided an early amortization event does not occur.
16%, respectively, over the one-month London Interbank Offered Rate (LIBOR), throughout the revolving and accumulation periods, and on the expected final payment date, provided an early amortization event does not occur.
Class A and B certificateholders will receive monthly interest payments of 11 basis points (bps) and 30 bps over one-month LIBOR, respectively, throughout the revolving and accumulation periods and on the scheduled payment date, provided an early payout event does not occur.
Subseries 1 class A and B certificateholders will receive monthly interest payments of one-month London Interbank Offered Rate (LIBOR) plus 2 and 16 basis points, respectively, throughout the revolving and accumulation periods and on the expected final payment date, provided an early amortization event does not occur.
Investors will receive monthly interest payments of 16 basis points (bps) and 35 bps over one-month LIBOR, respectively, throughout the revolving and accumulation periods and on the scheduled payment date, provided an early payout event does not occur.