Annuity Starting Date
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Annuity Starting Date
The date on which an annuitant receives his/her first payment from an annuity. If it is an immediate annuity, the annuity starting date is soon after the annuitant purchases the plan; if it is a deferred annuity, the starting date may occur some years after purchase, especially following retirement.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Annuity Starting Date
The first day of the first period for which an amount is due as an annuity payment under an annuity contract.
Copyright © 2008 H&R Block. All Rights Reserved. Reproduced with permission from H&R Block Glossary