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What is an immediate annuity?

In Annuities - Life Annuities - Asked by Admin - 2 years ago

An immediate annuity is an annuity in which money is paid to the annuity either immediately or in specific periods. The payment size depends on the interest, premium and the time periods in which payments are made. This is designed for people that need regular income.

Answered by Admin - 2 years ago


Tags: immediate annuity, annuity, annuities, life annuity, life annuities, what is an immediate annuity?

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In Banking - Asked by Admin - 2 years ago

Life annuities are a great way to have income for life that you can count on without a worry. If you have a certain question about life annuities you can ask our experts about it for free. You can also search through our sections to find answers to previous user's questions to find the answer to questions like "what is an immediate annuity?".



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