The accumulation phase is a period of time in which an annuity is being:

Name: The accumulation phase is a period of time in which an annuity is being:
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The accumulation phase of an annuity is the period of time during which the annuity is being funded, often through regular payments made by the annuity holder. During this time, the funds are growing tax-deferred until they are eventually withdrawn or annuitized during the distribution phase.

The Accumulation Phase Is a Period of Time in Which