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 ?
Marco Aengenvoort, Managing Director of ROTOCONTROL comments: “This next generation RSP inspection machine is built on the successful design of the initial RSP vertical series we launched a few years ago, and incorporates features to meet today's demand for high-level security inspection machines.
Blair Hagkull, managing director of RSP Group added: "There is a rapidly growing demand for international real estate expertise across MENA and we see significant advantages for RSP Group in drawing on the international capabilities and strengths of Jones Lang LaSalle.
From the beginning of the school year, the collaborative relationships that seemed most supportive were with the school psychologist, speech and language specialist (LSH), reading specialist, other RSP teachers in the district, and the principal.
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.
The only component of the RSP that moved in a positive direction was consumer debt, which rose 8.
As a core utility within Ingram Micro's Services Division, the MaintenanceNet-powered RSP is free of charge to solution providers.
Compared to content distribution with reliable protocols, such as TCP or higher-level protocols such as FTP or HTTP, the new streaming protocol RSP offers much higher bandwidths for transmission of live content over lossy long distance links or within wireless networks.
Jones Lang LaSalle is acquiring RSP Group, the leading Dubai-based real estate investment and advisory firm in the Middle East.
The RSP process reportedly can be used with any tool steel or softer materials.
Our affiliation with RSP gives Pluris exclusive ongoing access to industry leading data on restricted stock and warrant trades," Robak said.
Privately negotiated transaction between RSP and Wolfberry Partners Resources LLC, an entity owned in part by affiliates of the Company