What is a Single Premium fixed annuity?

In Annuities - Fixed Annuity - Asked by Admin - 5 months ago

It only allows one initial premium since interest rates are always flucuating. If you want to invest more you must open a 2nd annuity.

Answered by Admin - 5 months ago

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Are you looking for a way to have a way to have fixed income for the rest of your life by obtaining a fixed annuity. It is a great way to have a fixed income at a fixed rate. Wondering about "what is a single premium fixed annuity?", annuities and specifically fixed annuities you can ask our experts for free.

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What is a Single Premium fixed annuity?

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