tax-deferred annuity
[ taks-di-furd ]
/ ˈtæks dɪˌfɜrd /
noun
an annuity that enables one to purchase an insurance product that will earn interest, with the tax obligation deferred until withdrawals begin, usually at retirement. Abbreviation: TDA
Words nearby tax-deferred annuity
tax year,
tax-,
tax-bracket creep,
tax-deductible,
tax-deferred,
tax-deferred annuity,
tax-exempt,
tax-free,
taxa,
taxable,
taxaceous