Types Of Annuity

For example bonds usually.

Types of annuity. There are five main types of annuities. Read to know more. This is the basic original type of annuity.

The payout might be a very long time. Lifetime annuities investment-linked annuities and fixed-term annuities. Deferred annuities for retirement can remain in the deferred stage for decades.

The two most popular types of annuity available in the UK are lifetime annuities and fixed term annuities. Those include fixed indexed and variable annuities. A deferred annuity receives premiums and investment changes for payout at a later time.

Fixed variable deferred immediate and indexed. An ordinary annuity makes or needs payments at the termination of each period. Within the broad categories of immediate and deferred annuities there are also several different types from which to choose.

Its important to consider your income goals risk tolerance and payout options when deciding which type of annuity is right for you. Other types of annuities. However if you have a fixed annuity or a fixed index annuity FIA your money is safe.

There are three core types of annuities. These are based on the type of interest rate you want your annuity to have. Overall there are three main types of pension annuities.