Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,900,274,794 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Retirement Annuity
(redirected from retirement savings plan)

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia 0.01 sec.
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.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Obama's plan calls for expanding opportunities for automatic enrollment in employer-provided and other retirement savings plans, helping people convert tax refunds as well as their unused vacations and sick leave into savings among other measures.
65 < 50 % Women who have access to pension or retirement savings plans at work.
TSP is a long-term retirement savings plan, which everyone should consider," said Fran Campbell, a human resources specialist at the Air Force Personnel Center at Randolph Air Force Base, Texas.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.