There is no time limitation to verify the identity of the beneficiary. You can also change a beneficiary at any time.
yes
Are the children the beneficiary's of the Annuity? Annuity's are like Life insurance, they have named beneficiary's listed in the contract. If the children are listed, then yes they are going to benefit from this account.
Deferred.
She deferred her vacation plans until the project was completed.
Is deferred interest deductable
Many deferred compensation plans have a death benefit/life insurance element. Typically the death benefit insurance is paid for by the employer. In most situations the company does not take an expense for this and the employee does not take it into income, therefor the benefit is being paid for with dollars that have not been taxed. Thus making the death benefit taxable to the beneficiary.
Judgment Deferred was created in 1952.
Payment Deferred was created in 1926.
A deferred driver is a listed driver who has a policy elsewhere and therefore is not used in the rating of the policy from which they are listed as deferred.
Many states provide income tax deductions for all or part of the contributions of the donor to a 529 plan. Also, the principal grows tax-deferred and distributions for the beneficiary's college costs are exempt from tax.
an deferred revenue is known as accounting
yes - either a deferred tax asset (DTA) or a deferred tax liability (DTL).