February 28, 2009
Debenture Bond – Subordinated Debenture
Every debenture issued subsequent to the original debenture issued is a Subordinated Debenture.
Filed under Money Glossary by Tracy Phaup
February 27, 2009
Roth IRA
Contributions are not tax deductible. Contributions can continue after 70.5 and distributions do have to begin at 70.5.
Filed under Money Glossary by Tracy Phaup
February 26, 2009
Annuitant
The annuitant must be a natural person, receives the annuity benefits, and their life expectancy is taken into consideration.
Filed under Money Glossary by Tracy Phaup
February 25, 2009
Simplified Employee Pension (SEP) Plan
Designed to be offered by a small employer for the benefit of their employees.
Filed under Money Glossary by Tracy Phaup
February 24, 2009
Annuity Period
The time frame that the annuity payments are paid out.
Filed under Money Glossary by Tracy Phaup
