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Sorting Out the Types of Deferred Annuity
Posted On : Nov-15-2011 | seen (140) times | Article Word Count : 423 |

Annuity schemes have been found to be of great use after retirement. This is because it offers the retired individuals many income options. Among the different types of annuities Air Max 97 Uomo Scontate , deferred annuity is one. This is further divided into fixed annuity and deferred variable annuity, which the individuals can choose from. Retiring from your professional responsibilities, undoubtedly, give you the chance to relax and be free for sometimes. But along with relaxation Air Max 97 Just Do It Scontate , it gives you many tensions related to finance. After retirement, an old individual has to think of how to lead his further life comfortably without any financial hurdles. The pension amount is not enough to meet the essential needs and requirements of the retirees. This is where deferred annuity comes into focus. With the help of the deferred annuity, the individuals get a chance to earn for life based on whatever they spend for buying their desirable annuity scheme.


The scheme of deferred annuity has two phases 鈥?savings phase and the income phase. In the former phase, the individuals save money throughout his service life to protect his future financial crisis. When the savings is made in the deferred annuity account Air Max 97 Oro Scontate , they are free to avail the benefits of the scheme by entering the phase of income. The money that the individuals save comes back to them as their own income. In case of the deferred annuity, however, the retirees have an option of postponing the withdrawal of the money from their account till they desire. As a result, the payment of interest also gets deferred to the time period when the annuitant begins to receive the saved amount.


When it comes to deferred annuities Air Max 97 Nere e Bianche Scontate , there are three different types of schemes that are available to the individuals. They have been mentioned below:

Fixed annuity: The rate of interest that the annuitant gets on the amount remains fixed throughout the period of the receipt of the amount. As a result, there is no fluctuation in the fixed annuity amount that you receive, which makes it one of the most reliable options.

Variable annuity: The rate of interest, unlike fixed schemes Air Max 97 Nere Scontate , fluctuates in this case. The investment is driven by the investment of the annuitant in the stock market. This makes the deferred annuity quite a risky option. However, like the above scheme, this amount too can be received for lifetime.

Equity Index annuity: The amount to be received in this case completely depends upon the interest based on the stock market that is figured out by tracking one of the major stock indexe