How To Calculate A Deferred Annuity?

  1. 225 POINTS
    Kyle Monahan
    Independent Agent, Monahan Insurance, Orlando, FL
    This can't be answered without much more information.  If it is a variable annuity, the accumulation may vary as can the actual payout.  If it is a fixed annuity, this will be explicitly outlined in your paperwork.  This is assuming you are talking about payout.  If you are talking about amount and duration required to pay in for a certain income, it would be best to talk with an agent in your area.  The agent will be able to assist you in coming up with the desired income from the annuity and you can work backward from there.
    Answered on July 25, 2014
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