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Definitions, Acronyms, FAQs

IMMEDIATE ANNUITY

This annuity has no accumulation phase. Instead, you start receiving annuity payments right after you purchase the annuity.

Related posts:

INDEXED ANNUITIES
DEFERRED ANNUITY
VARIABLE ANNUITY SURRENDER CHARGES
VARIABLE ANNUITIES

Published February 3, 2020By SEC

Categorized as Investor Definitions

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