tax-deferred annuity

(redirected from Tax-Deferred Annuities)
Also found in: Dictionary.
Related to Tax-Deferred Annuities: Single Premium Deferred Annuity, Nonqualified 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

See tax-sheltered annuity.
Mentioned in ?
References in periodicals archive ?
Most fixed guaranteed tax-deferred annuities permit withdrawals of money, but like a CD, there can be early withdrawal penalties," Mueller said.
How fixed annuities meet the silent generation's safe money needs
The Service issued an unpublished Letter Ruling (TAM)(52) involving a NIMCRUT(53) funded with tax-deferred annuities.
Significant recent developments in estate planning
Described in Section 403(b) of the tax code, tax-deferred annuities permit employees of these organizations to make pretax contributions toward the purchase of retirement annuities.
Pay me later: how deferred compensation works for top association executives
Eight chapters of Pension Planning are then devoted to a variety of specific pension plan vehicles: trust fund plans, annuities; profit sharing plans, thrift and savings plans, cash or deferred plans and employee stock ownership plans; individual retirement accounts; and tax-deferred annuities.
Pension Planning: Pensions, Profit-Sharing, and Other Deferred Compensation Plans, 6th ed
Given the higher tax rates recently enacted, the pitfalls of such arrangements abound, but many can be avoided through the use of tax-deferred annuities.
20 questions on the evolving role of tax-deferred annuities
03, page 63), suggests clients should avoid tax-deferred annuities.
Annuities can be effective tools
Individuals have several options for saving for retirement, ranging from tax-deferred annuities and mutual funds to stocks, bonds, and cash-value life insurance policies.
Making College Affordable
If you reach retirement age while your child is in college, consider stashing education savings in voluntary retirement plans, such as your 401(k)s, IRAs and tax-deferred annuities.
Taking the sting out of saving for college
As part of the financing of that law, Congress also adopted changes to the qualified plan rules governing the treatment of distributions from qualified plans or tax-deferred annuities.
Current developments in employee benefits

Financial browser ?
Full browser ?