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tax'-de•ferred annu'ity



Pronunciation: (taks'di-fûrd"), [key]
an annuity to which teachers and other employees of nonprofit organizations may contribute, taxes to be deferred until withdrawal, usually at retirement. Abbr.: TDA

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

tax-deferredtaxeme

 

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