Definitions for "Accumulation Period"
In a variable annuity, the time when the client is contributing money into the annuity and purchasing accumulation units. See also: Accumulation Unit.
The years of an individual's working life when he/she is making regular contributions to a deferred annuity or retirement plan. The period ends when the income payments begin.
Refers to the time between the payment of the first premium and the first benefit payout under a deferred annuity.
The time during which an individual builds savings.
The time during which a participant builds savings prior to retirement distributions.