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Glossary Term: DEFERRED ANNUITIES

Definition(s) for DEFERRED ANNUITIES:


1. ) it is one of the types of tax-advantaged life insurance products. An annuity that is not scheduled to begin payments until a given date. Deferred annuities offer deferral of taxes with the option of withdrawing one's funds in the form of a life annuity- that is, monthly or annual income payments from the annuities during their retirement.



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