Definition of "Non-Qualified Annuity"

A tax-deferred annuity generally purchased by individuals with after-tax dollars, rather than as part of a tax qualified retirement plan such as an IRA. Annuity purchased outside of an IRS-approved pension plan. Contributions are made with after-tax dollars. Earnings can accumulate tax deferred until withdrawn.

For expert help with your annuity call toll-free 866-866-1999
© Copyright 2004 - 2014
Use This Free
Instant Annuity Calculator
Select your state, age, and gender and enter a dollar amount
Optional - Enter Joint Annuity info.
Enter a Premium Amount
and Click to Calculate
Need help? call 1-866-866-1999