annuity unit
Definition
When an individual starts to take payments from their retirement accounting but continues to contribute to the fund. An amount will be applied only to what is being withdrawn, and not what is being contributed at that time.
Related Articles
- IRAs And The Economy *
- Planning for your Child's Future *
- Explanation of the Major Factors Affecting Your Tax Returns *
- S&P 500, Wilshire 5000 and Other Indexes *
- The Stock Market *
- Introduction to Health Insurance Policies *
- Introduction to Trading and Types of Orders *
- Buy and Hold Stock Strategy *
Related Videos
http://www.businessdictionary.com/definition/annuity-unit.html
