Nonqualifying Annuity
Barron's Finance & Investment Dictionary:
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Nonqualifying Annuity
annuity purchased outside of an IRSapproved pension plan. The contributions to such an annuity are made with after-tax dollars. Just as with a qualifying annuity, however, the earnings from the nonqualifying annuity can accumulate tax deferred until withdrawn. Assets may be placed in either a fixed annuity, a variable annuity, or a hybrid annuity.
| Nonpurpose Loan, Nonpublic Information | |
| Nonqualifying Stock Option, Nonrated |
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Nonqualifying Annuity
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Barron's Finance & Investment Dictionary
Dictionary of Finance and Investment Terms. Copyright © 2010 by Barron's Educational Series, Inc. All rights reserved.
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