A deferred annuity is a type of annuity contract that delays income, installment or lump-sum payments until the investor elects to receive them.
| Deferred Annuity | A deferred annuity is a type of annuity contract that delays income, installment or lump-sum payments until the investor elects to receive them. This type of annuity has two main phases: the savings phase, which is when you invest money into the account, and the income phase, which is when the plan is converted into an annuity begins paying the account owner. A deferred annuity can be variable or fixed. | | | Breaking it Down: | A deferred annuity is a contract between an individual and a life insurance company in which funds are exchanged for... Read More | | Related to "Deferred Annuity" | | An Overview of Annuities | As part of your overall investment strategy, annuities may add value to your retirement in more ways than you think. Here's how they work. Read More | | | | Getting the Whole Story on Variable Annuities | When you've maxed out your annual contributions to 401K, IRA, and other tax-deferred investment vehicles, variable annuities may be your alternative source to save money tax-deferred. But don't just blindly jump in, check out the following information before investing in it. Read More | | | | | | | | Split-Funded Annuity | A Split-Funded Annuity uses a portion of the principal to fund immediate monthly payments and the remaining portion to fund a deferred annuity. Read More | | | | | Variable Annuity | A variable annuity is a type of annuity contract that allows for the accumulation of capital on a tax-deferred basis. Read More | | | Delayed Annuity | A delayed annuity is an annuity in which the first payment is not paid immediately, as in an immediate annuity. Read More | | | | | | | | | Follow Us: | | | | | | | | |
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