Types of Annuities and How they Work

Types of Annuities and How they Work

- in Featured, Income, Retirement, Taxes

The Main Types of Annuities

Generally speaking, there are two basic annuity types, immediate and deferred. The main difference between them is your payout options. With an immediate annuity, you’ll receive payments right away. A deferred annuity will have to wait until a future date to collect your money.

Read more at Nasdaq

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

Social Security cost-of-living increase will boost benefits 5.9% in 2022 as inflation spikes

Now that’s more like it. Older Americans scraping