Who Buys Immediate Annuities?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    In a very general sense, people who buy immediate annuities are often persons who want their money managed for them. They have a lump sum of money that they want to use as regular income. By putting it into an annuity, they receive their money back in regular installments, either for a period of years, or for a lifetime. At the same time, it is making interest for them.
    Answered on September 28, 2013
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>