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 Annuity. PROSPECTUS: April 29, 2016. This prospectus describes a flexible premium deferred annuity offered by Pruco Life Insurance Company (âPruco Lifeâ, âweâ, âourâ, or âusâ), which we refer to as the Prudential Defined Income Variable Annuity (âAnnuityâ). The Annuity will be. offered as an individual annuity contract.