tax-deferred annuity


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Related to tax-deferred annuity: Nonqualified annuity, Single Premium Deferred Annuity

Tax-Deferred Annuity

A retirement plan in which an employee makes tax-deferred contributions from his/her pre-tax income. The employee is not taxed on the contribution until he/she begins to make withdrawals after retirement. Strictly speaking, a 401(k) is a tax-deferred annuity, but the term especially applies to a 403(b) plan, which is directed at teachers and employees of tax-exempt organizations, such as charities or churches.

tax-deferred annuity

References in periodicals archive ?
In addition, its established presence in the individual tax-deferred annuity market has resulted in a stable liability structure evidenced by strong surrender charge protection and above average persistency.
The class action is brought on behalf of all persons nationwide who purchased an individual tax-deferred annuity contract or who received a certificate to a group deferred annuity contract, sold by Prudential Securities or the AEGON defendants, which was used to fund a contributory (not defined benefit) retirement plan or arrangement qualified for favorable income tax treatment pursuant to Internal Revenue Code, including but not limited to an IRA, rollover IRA, Keogh account or 401(k).
In addition, GAFRI's established presence in the individual tax-deferred annuity market has resulted in a stable liability structure evidenced by strong surrender charge protection and above average persistency.
In fourth quarter 1994 CU entered the tax-deferred annuity market and sales through first quarter 1995 exceeded plan.
SBM Life is domiciled in Minnesota, and sells tax-deferred annuity products with a focus on the 403(b) marketplace through a combination of career and independent agents.
E[acute accent]The ratings of GAFRI reflect its solid operating earnings performance, favorable liquidity position, adequate risk-adjusted capitalization, varied distribution sources and its established presence in the individual tax-deferred annuity market, which has resulted in a stable liability structure evidenced by strong surrender charge protection.
May 2 /PRNewswire/ -- The Vanguard Group of Investment Companies and National Home Life/National Home Life of New York today announced the addition of an International Portfolio to the Vanguard Variable Annuity Plan, a low-cost, no-load tax-deferred annuity program.
In addition to its affordable insurance products, SBLI USA's services include Cash DeluxeSM - a single-premium, tax-deferred annuity.
3 billion of the assets and liabilities of MONY's group pensions business, which represent MONY's tax-deferred annuity, corporate defined contribution, and most of its investment management lines of business.
In addition to its affordable insurance products, SBLI USA's unique services include Cash Deluxe(SM) - a single-premium, tax-deferred annuity with a guaranteed interest rate for one or five years.
The rating reflects the company's improving profitability, strong liquidity and favorable risk-adjusted capitalization, and acknowledges the stable structure of the company's liabilities and its strong presence in the individual tax-deferred annuity market.