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Deferred annuities |
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Deferred annuities Tax-advantaged life insurance products. Deferred annuities offer deferral of taxes with the option of withdrawing one's funds in the form of a life annuity. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Deferred annuities allow partial withdrawals during the accumulation phase and, thus, have no distribution requirement. For example, sales of income or payout annuities, a product well suited to meet individual retirement income needs, are a small fraction of accumulation-oriented annuity sales, while annuitization rates on deferred annuities remain very low. On the other hand, deferred annuities start payouts at a specific future date. |
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