Sentences with deferred annuity
de·ferred an·nu·i·ty
D d - When you are ready to receive income payments, the deferred annuity provides many choices, including guaranteed income for life.With an immediate annuity, payments commence right away, in contrast to a deferred annuity, under which the payments do not commence until later.A deferred annuity is an annuity that begins not less than one year after the final purchase premium.