Deferred Annuities

All varieties of deferred annuities owned by individuals have one thing in common: any increase in account values is not taxed until those gains are withdrawn. This is also known as tax-deferred growth.

A deferred annuity which grows by interest rate earnings alone is called a fixed deferred annuity (FA). A deferred annuity that permits allocations to stock or bond funds and for which the account value is not guaranteed to stay above the initial amount invested is called a variable annuity (VA).

 

Your comprehensive annuity investment guide: Annuities.

Comments are closed.

  • About Us

    Compass Insurance Group is a family-owned insurance agency specializing in products for seniors. Our agents are well-educated and experienced in Medicare and Medicare alternatives, including prescription drug plans, Medicare Supplements and Advantage plans.
  • Reach Out

    Address:
    103 West Boggstown Road
    Shelbyville, IN 46176
    Phone: 317.398.9321