Definition Of Accumulation Period

The accumulation period is the period which comes in investor’s life when he/she boost up his/her savings and the value of his/her investment brief bag with the purpose of having a reserve for the retirement..

Explanation of Accumulation Period

in condition of deferred annuity, it refers to that period of time when the annuitant deposit money to the annuity and boosting up the value of his her annuity account, Generally this term is develop by the annuitization phase when the contract payments are paid out to the annuitant foe the specific period of time usually for the entire life .