What is the Definition of Tax Sheltered Annuity (Tsa)?
In the United States, a retirement annuity sold only to organizations offering qualified retirement plans under section 403(b) of the U.S. Internal Revenue Code. (See 403(b) plan)
Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/
Label: Insurance
Theme: Dictionary of Insurance Terms
Other Questions: What is the definition of Annuity?
What is the Definition of Tax Sheltered Annuity (Tsa)?
You can find random definition and meaning of insurance terms below:
What is the meaning of Morale Hazard
negligence or disregard on the part of the insured which could lead to probable loss.
What is the meaning of Morbidity
the frequency or severity of disease or illness within a subset of the population.
What is the meaning of Morbidity Risk
the potential for a person to experience illness, injury, or other physical or psychological impairment, whether temporary or permanent. Morbidity risk excludes the potential for an individual's death, but includes the potential for an illness or injury that results in death.
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