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Accumulation Period definition: Copy, customize, and use instantly

Introduction

The term "Accumulation Period" refers to the time frame during which a participant contributes to an investment or retirement plan, accumulating funds or assets for a future payout. It is commonly used in contexts such as insurance, pensions, and annuities, where a specific period is designated for building assets before they are distributed. The specifics of an "Accumulation Period" can vary depending on the type of financial product or agreement in question.

Below are various examples of how "Accumulation Period" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.

Definition of "Accumulation Period" in retirement plans

This definition connects "Accumulation Period" to retirement planning.

"Accumulation Period" refers to the period during which an individual contributes funds to a retirement plan or pension, with the goal of building up a retirement savings balance for future withdrawals or benefits.

Definition of "Accumulation Period" in life insurance

This definition ties "Accumulation Period" to life insurance policies.

"Accumulation Period" means the period during which premiums are paid to a life insurance policy, and the policyholder’s cash value accumulates, potentially earning interest or dividends, before the policy reaches maturity.

Definition of "Accumulation Period" in annuity contracts

This definition connects "Accumulation Period" to annuities.

"Accumulation Period" refers to the phase in an annuity contract during which the purchaser contributes money, allowing it to grow through interest or investment returns, prior to the commencement of periodic payouts.

Definition of "Accumulation Period" in investment strategies

This definition applies "Accumulation Period" to broader investment contexts.

"Accumulation Period" means the phase in an investment strategy where assets are being accumulated, typically through regular contributions or reinvestment of returns, before the investment begins to generate withdrawals or disbursements.

Definition of "Accumulation Period" in tax-deferred savings accounts

This definition ties "Accumulation Period" to tax-deferred accounts.

"Accumulation Period" refers to the time during which funds are held in a tax-deferred savings account, such as an IRA, where contributions and investment gains accumulate without being taxed until distribution.

Definition of "Accumulation Period" in variable annuities

This definition connects "Accumulation Period" to variable annuities.

"Accumulation Period" means the phase in a variable annuity contract during which the investor makes contributions to the account, allowing the funds to grow in value based on market performance before annuity payments begin.

Definition of "Accumulation Period" in pension plans

This definition ties "Accumulation Period" to pension schemes.

"Accumulation Period" refers to the time frame during which an employee contributes to a pension plan or a similar retirement fund, accumulating benefits that will later be distributed as retirement income.

Definition of "Accumulation Period" in employee benefit plans

This definition connects "Accumulation Period" to employee benefit plans.

"Accumulation Period" means the time during which employees contribute to a benefit plan, such as a 401(k), with the purpose of accumulating funds for future retirement benefits.

Definition of "Accumulation Period" in a savings program

This definition applies "Accumulation Period" to a savings program.

"Accumulation Period" refers to the designated period during which deposits are made into a savings program, such as an education savings account, for the purpose of accumulating funds before withdrawal for a specific goal.

Definition of "Accumulation Period" in insurance products

This definition ties "Accumulation Period" to general insurance products.

"Accumulation Period" means the time during which policyholders make premium payments to an insurance policy, during which the policy accumulates value or benefits, such as in whole life or universal life insurance.

Definition of "Accumulation Period" in long-term care insurance

This definition connects "Accumulation Period" to long-term care insurance.

"Accumulation Period" refers to the period during which premiums are paid to a long-term care insurance policy, allowing the policy to accumulate cash value that can later be accessed for care-related expenses.

Definition of "Accumulation Period" in tax-deferred investment accounts

This definition applies "Accumulation Period" to tax-deferred investments.

"Accumulation Period" refers to the phase in a tax-deferred investment account, such as a 403(b), where the investor’s contributions grow without being subject to taxation until they are withdrawn.

Definition of "Accumulation Period" in fixed annuities

This definition connects "Accumulation Period" to fixed annuities.

"Accumulation Period" means the phase in a fixed annuity contract during which the investor’s contributions accumulate at a predetermined rate of return before the annuity starts paying out periodic benefits.

Definition of "Accumulation Period" in managed accounts

This definition ties "Accumulation Period" to managed investment accounts.

"Accumulation Period" refers to the phase in a managed account where funds are continuously invested and grow, typically through professional management, before disbursements or distributions are made.

Definition of "Accumulation Period" in a structured settlement

This definition connects "Accumulation Period" to structured settlements.

"Accumulation Period" means the time during which funds are invested or accumulated in a structured settlement, typically after a legal settlement, before being distributed to the recipient in the future.

Definition of "Accumulation Period" in health savings accounts

This definition applies "Accumulation Period" to health savings accounts.

"Accumulation Period" refers to the time frame during which funds are contributed to a health savings account (HSA) for future medical expenses, where contributions grow tax-free until withdrawn for qualifying expenses.

Definition of "Accumulation Period" in employer-sponsored retirement plans

This definition connects "Accumulation Period" to employer-sponsored retirement plans.

"Accumulation Period" means the time during which employees make contributions to an employer-sponsored retirement plan, such as a 401(k), during which their account balances accumulate growth from contributions and returns.

Definition of "Accumulation Period" in deferred annuities

This definition ties "Accumulation Period" to deferred annuities.

"Accumulation Period" refers to the phase in a deferred annuity where the investor’s contributions are made and accumulate, growing in value over time, before annuity payments begin.

Definition of "Accumulation Period" in IRAs

This definition connects "Accumulation Period" to Individual Retirement Accounts (IRAs).

"Accumulation Period" means the phase in an IRA account where the individual’s contributions are allowed to grow tax-deferred, until the funds are withdrawn during retirement.

Definition of "Accumulation Period" in a retirement savings vehicle

This definition applies "Accumulation Period" to any retirement savings vehicle.

"Accumulation Period" refers to the duration in which a retirement savings vehicle accumulates value through contributions, earnings, and reinvestment, leading up to the distribution phase.

Definition of "Accumulation Period" in collective investment schemes

This definition ties "Accumulation Period" to collective investment schemes.

"Accumulation Period" means the period in which investors make contributions to a collective investment scheme, such as a mutual fund or unit trust, and the investments grow in value before distributions are made.

Definition of "Accumulation Period" in capital accumulation

This definition connects "Accumulation Period" to capital accumulation.

"Accumulation Period" refers to the time span during which capital is accumulated in a financial product, such as a savings account, before it is used or withdrawn for a future purpose.

Definition of "Accumulation Period" in cash value life insurance

This definition ties "Accumulation Period" to cash value life insurance.

"Accumulation Period" means the time during which a life insurance policy’s cash value grows, typically through premiums and interest, before the policyholder can access the accumulated funds.

Definition of "Accumulation Period" in mutual funds

This definition links "Accumulation Period" to mutual funds.

"Accumulation Period" refers to the time in which investors contribute to a mutual fund, allowing the fund’s value to grow through appreciation and dividends before the investor begins to redeem shares.

Definition of "Accumulation Period" in retirement income funds

This definition connects "Accumulation Period" to retirement income funds.

"Accumulation Period" refers to the time frame in which a retirement income fund accumulates value from contributions and returns, prior to the point when distributions begin.

Definition of "Accumulation Period" in educational savings accounts

This definition ties "Accumulation Period" to educational savings accounts.

"Accumulation Period" means the time during which an individual contributes funds to an educational savings account, such as a 529 plan, allowing those funds to accumulate for future educational expenses.

Definition of "Accumulation Period" in fixed-income investments

This definition applies "Accumulation Period" to fixed-income investments.

"Accumulation Period" refers to the time during which contributions are made to a fixed-income investment, such as a bond or certificate of deposit, allowing the investor to accumulate interest income before receiving principal repayment.

Definition of "Accumulation Period" in charitable giving programs

This definition connects "Accumulation Period" to charitable giving.

"Accumulation Period" means the time during which funds are accumulated in a charitable giving program, allowing donations to grow before being allocated to charitable causes.

Definition of "Accumulation Period" in disability insurance policies

This definition ties "Accumulation Period" to disability insurance.

"Accumulation Period" refers to the time during which premiums are paid into a disability insurance policy, allowing the policyholder’s benefits to accumulate and grow over time.

Definition of "Accumulation Period" in business investment strategies

This definition links "Accumulation Period" to business investments.

"Accumulation Period" refers to the phase in a business investment strategy where assets are accumulated, typically through reinvestment of profits, before any distributions or dividends are paid out.