What Are Flexible Annuities?
- 61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaMy comments assume the "flexible" refers multiple deposits into a tax deferred annuity. Annuities made for qualified plan contributions have a policy provision for flexible deposits. There are annuities that allow uneven deposits. Most non-qualified tax deferred annuities are single deposit annuities with no clause for flexible deposits in their policy provisions.Answered on August 10, 2013flag this answer
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