摘要: An individual retirement account (IRA) that allows individuals to direct pretax income, up to specific annual limits, toward investments that can grow tax-deferred (no capital gains or dividend income[阅读全文:]
摘要: A type of life insurance contract that provides for insurance coverage of the contract holder for his/her entire life. Unlike term life insurance, which covers the contract holder until a specified ag[阅读全文:]
摘要: A tax-free, non-reportable movement of assets between retirement plans.
Generally, transfers occur between similar types of plans: for instance, from a Roth IRA to a Roth IRA. There is n[阅读全文:]
摘要: An insurance product that makes periodic payments to the annuitant until his or her death, at which point the payments stop completely. These products do not allow annuitants to designate a beneficiar[阅读全文:]
摘要: An annuity option where tax-deferred allowances are passed on to the beneficiaries, offering the beneficiaries more flexibility and control over maintaining the investment. Therefore, the beneficiary [阅读全文:]
摘要: An insurance product that can be purchased by a person with a serious, demonstrable health problem which will likely shorten the annuitant's life expectancy. A substandard health annuity is a type of[阅读全文:]
摘要: The action of one party, person or product being replaced by another that has become obsolete, incapacitated, retired or deceased. Ideally, a successor will fill the role of its predecessor, being ful[阅读全文:]
摘要: An organizational pension program created by a company for the benefit of its employees.
Also referred to as a "company pension plan".
Funds deposited in a superannuation accou[阅读全文:]
摘要: A non-qualified retirement plan for key company employees, such as executives, that provides benefits above and beyond those covered in other retirement plans such as IRA, 401(k) or NQDC plans. There [阅读全文:]
摘要: A charge levied against an investor for the early withdrawal of funds from an insurance or annuity contract, or for the cancellation of the agreement. Surrender fees act as an economic incentive for i[阅读全文:]