Waiver of Arrears. In some circumstances, a custodial parent may agree to waive past due child support. This may be because she is financially capable of caring for her child without the past due support.
Annuity: AGE 62+. For retirement at age 62+ with 20+ years, the annuity is 10% more. Annuity supplement. If all your earnings have been under the FERS system, and none of your FERS earnings were prior to age 22, then you can divide the age-62 Social Security estimated benefit by 40 and multiply the result by years of FERS service.
A deferred annuity would better be defined as a category of annuities rather than a type of annuity. All annuities can be categorized as either deferred or immediate. When income payments are scheduled to begin is the determining factor as to which category an annuity belongs. There are many different types of annuities that fall underneath the broader deferred annuity category. A deferred annuity has two phases: the accumulation phase, where you let your money grow for a period of time, and the payout phase.