Types of Annuities: Immediate vs Deferred Annuities
Immediate vs Deferred Annuities: Understanding Different Types of Annuities Regarding annuities, there are two basic types: immediate and deferred. As the name implies, an immediate annuity pays you immediately, while a deferred annuity defers payments until some future date. Each type of annuity has its advantages and disadvantages, so it’s essential to understand the difference …
Types of Annuities: Immediate vs Deferred Annuities Read More »