non-qualifying annuity


Annuities that do not fall under the list of annuities approved by the Internal Revenue Service. This type of annuity does not receive any pre-tax benefits, but the funds accumulated in the non-qualifying annuity are tax-deferred until the funds are withdrawn.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
non-qualified stock option nonrated