1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Some annuities have a limit of age 75, some age 77, some age 80, and some up to age 90. In the older ages, only immediate annuities are sold, where the annuity is purchased as a lump sum and immediately annuitized, rather than deferred annuities which take some years to build up before being annuitized.
    Answered on August 3, 2013
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