Retirement Annuity

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Retirement Annuity

An annuity one purchases to provide for oneself in retirement. In general, one purchases a retirement annuity well before retirement and makes contributions to it throughout one's working life. The contributions are invested on behalf of the annuitant, who begins to receive payments from the annuity after retirement. Many retirement annuities (especially those sponsored by an employer) are tax-deferred, meaning that the annuitant does not pay taxes on the funds in the pension until he/she begins making withdrawals. Annuities may have defined contributions, defined benefits, or both. See also: 401(k), IRA.
References in periodicals archive ?
RSP closed the acquisition of SHEP I on 28 November 2016 for a purchase price of approximately USD 604m of cash and approximately 15m shares of RSP common stock.
Las PiAas City had the worst air quality where RSP was recorded at 2,000 micrograms per normal cubic meter while fine particles were at 1,342 micrograms per normal cubic meter.
ROTOCONTROL will be exhibiting at Labelexpo Europe 2013 in hall 7 stand L110 and encourages label converters to visit their stand to learn more about the RSP 440H.
RSP Group senior management, Blair Hagkull and Thierry Loue will jointly head Jones Lang LaSalle, MENA and all the RSP employees will be transitioning over to the combined organisation.
My experience is similar to other RSP teachers in the area.
Alcatel's 7670 RSP is optimized to deliver multiple new and existing services on a converged IP/MPLS infrastructure, due to hardware and software enhancements.
In Kristiansen's report last week, the analyst said home sales in April accounted for the decline in the RSP, "despite an easy comparison with the prior-year period.
A new technique, which is called the rapid solidification process, or RSP, is being developed by Idaho National Engineering & Environmental Laboratory, a U.
MaintenanceNet has also announced that it has uncovered a record number of service renewal opportunities - totaling tens of millions of dollars - for Ingram Micro's solution providers over the next 120 days and also unveiled a new ADTRAN Service Lookup Utility for the RSP.
30 January 2017 - Texas-based oil and natural gas company RSP Permian, Inc.