Divorce Dex.com: Deferred Annuity

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Definition Deferred Annuity - an income stream that begins at some time in the future.

Application in Divorce Annuities, which are contracts guaranteeing income, come in many forms and with different conditions, but they are marital property and subject to distribution in a divorce.

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Annuity Buyers Beware
No one should every buy an annuity without making certain he or she understands what the contract entails, including the terms and conditions governing withdrawals and fees.

Contributed on 6/28/2007 by: DivorceDex.com Staff
Category: Financial Planning (Applicable in All States)

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