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What is a deferred annuity?

Bankrate
Bankrate
 2021-11-19
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A deferred annuity is a popular way to structure an annuity for those seeking retirement income. An annuity pays out money over a period of time, typically during retirement, helping ensure that retirees have a reliable income. In a deferred annuity, savers contribute money either in one lump sum or over...

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