Nonqualifying Annuity: An annuity that does not fall under an IRS-approved pension plan. Contributions are made with after-tax dollars, but earnings can accumulate tax-deferred until withdrawal.
Nonqualifying Stock Option: An employee stock option that does not satisfy IRS qualifying rules and therefore is liable for taxation upon exercise .
Normal Annuity Form: The manner in which retirement benefits are paid out.
Nonqualified Annuity: An annuity you buy on your own, rather than through a qualified employer sponsored retirement plan or individual retirement arrangement, is a nonqualified annuity. Nonqualified annuities are . . . View Full Definition
Life Annuity: An annuity that pays a fixed amount for the lifetime of the annuitant.
Individual Retirement Annuity: An individual retirement annuity is one type of individual retirement arrangement. It resembles the better-known individual retirement account in most ways, such as annual contribution limit . . . View Full Definition
Joint And Survivor Annuity: A type of annuity opened by and intended for two people, that makes payments for the entire lifetime of both beneficiaries, even if one of them dies.
Period-Certain Annuity: An annuity that provides guaranteed payments to an annuitant for a specified period of time.
Present Value Of An Annuity: The value today of a series of equally spaced, equal-amount payments to be made or received in the future given a specified interest rate.
Split-Funded Annuity: A split-funded annuity lets you begin receiving income from a portion of your principal immediately, while the rest of the money goes into a deferred annuity. The advantage of split-funding . . . View Full Definition
Word of the Day:
Match Play: Scoring by holes rather than strokes, the way golf was originally played