Chapter 4. Deferred annuities


“The future ain’t what it used to be.”

 --Yogi Berra

Deferred annuities are annuities you purchase that will not begin to pay you until some time in the future as specified within your annuity, although you can choose to end the deferral period earlier. They may pay you in the future at a fixed rate or a variable rate. The amounts that you receive from a fixed rate deferred annuity can vary considerably from what you may receive from a variable rate deferred annuity.

Deferred annuities are investments that are bought for retirement. For many people, they represent the umbrella to protect themselves from those rainy days that may come after retirement. However, it may not be advantageous to put your money into an investment ...

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