A deferred annuity is a long-term contract with an insurance company that provides future income–often for life–in exchange for premium payments, with options like fixed, variable, and indexed types ...
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Deferred Annuity

What Is a Deferred Annuity? Deferred annuities are insurance products that guarantee a lump sum or a regular stream of income at a future date. Individuals make either one-time or recurring deposits ...
If you’ve been wondering what is a deferred annuity, it’s essentially a retirement savings product that lets your money grow tax-deferred until you decide to withdraw it. You can invest either a lump ...