This weekend I visited my family back in Cincinnati and got to meet my Dadâs new iPad for the first time. I donât have enough money for this fancy technology so Iâve never really used an iPad before.
Deferred Annuities. A deferred annuity grows tax deferred until the contract is annuitized (put into a payment stream) or surrendered (paid out as a lump sum). This type of annuity is a vehicle for accumulating savings for a future goal, such as retirement, and eventually distributing the value.
Flexible-Premium Deferred Annuities. Life can change at a surprisingly fast pace. That's why flexibility is so important. A flexible-premium deferred annuity offers guaranteed retirement income with the flexibility to make contributions as frequently or infrequently as you wish, within certain limits.