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Wealth Management Glossary

DTC Death Taxes Deduction Defeasible Deferred Annuity Defined Contribution Plan Depreciation Direct Skip Disbursement Discount Broker Discretionary Account Dispositive Provisions Distribution Diversification Dividend Domicile Donee/Donor Dow Jones Industrial Average Duration

Deferred Annuity A tax-advantaged life insurance product, which offers deferral of taxes with the option of withdrawing one's funds in the form of a life annuity.

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