Tag Archives: Deferred Annuities

What is the difference between Immediate and Deferred Annuities?

Annuities come in two basic flavors. Everything else is just a variation of those two flavors. No, they are not vanilla or chocolate in flavor. Annuities are simply considered either immediate or deferred.   With an immediate annuity, the annuity buyer is expecting to receive an immediate income. An immediate annuity is the most basic vanilla type of annuity. You make one lump-sum […]