investment whose earnings accumulate tax-deferred and that, at a specific point
in the future, begins making a series of regular payments. These are sold by
insurance companies and often used to plan for retirement.
"deferred annuity." YourDictionary, n.d. Web. 11 October 2018. <http://www.yourdictionary.com/deferred-annuity>.
deferred annuity. (n.d.). Retrieved October 11th, 2018, from http://www.yourdictionary.com/deferred-annuity
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