Deferred Annuity

Deferred Annuity

These are usually purchased by people who make periodic payments during there working lives, in order to receive payments back when they retire.[1]

From 1660s "delayed, defer [1] annus 1690s an investment that entitles one to equal annual payments. [2]

Sumflow 00:33, October 23, 2010 (PDT)

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