Exam term
Annuity starting date
The first day of the first period for which an amount is received as an annuity. It divides the accumulation period from the payout period, and the exclusion ratio is measured as of this date.
Exam term
The first day of the first period for which an amount is received as an annuity. It divides the accumulation period from the payout period, and the exclusion ratio is measured as of this date.