What Is A Deferred Variable Annuity Contract?

1. 

   0 POINTS

   

   Contact Head Librarian Contact Head Librarian by filling out the form below

   
   Name
   

   
   Email
   

   
   Phone Number
   

   
   Message
   

   Please leave this field empty.
   

   Δ

   Contact Me

   view profile
   Head Librarian

   InsuranceLibrary.com, South Dakota

   An annuity takes a sum of money and converts it into a lifetime income stream.  A deferred annuity allows accumulation of funds but carries that option of converting it into a lifetime income stream.  The Variable Deferred Annuity allows the annuitant to select from a range of securities those that will be used to accumulate money towards their retirement.  Only agents with a FINRA Series 6 are authorized to sell this type of annuity.

   Answered on August 15, 2014

   +0

   1 0

   +1 this answer

   flag this answer

   view more answers by Head Librarian
Did you find these answers helpful?
Yes
No
Go!

Add Your Answer To This Question

You must be logged in to add your answer.