1. 1000 POINTS
    Tyler Maddox
    Retirement Specialist, Cambridge Financial Group, Greenville, SC
    There are 3 main types of Deferred Annuities.

    1. Fixed: These give a set fixed interest rate.
    2. Indexed: These credit index-linked interest gains
    3. Variable: These invest directly in the stock market, usually through various managed funds.


    There is a new type of "deferred" annuity called a Deferred Immediate Annuity.
    This is a traditional immediate annuity, except the income payments are deferred until a later date. Your deposit is credited some type of interest rate during the deferral period.
    Answered on October 24, 2013
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