When Do Immediate Annuity Payments Begin?

I asked this question to David Pipes in Fresno, California and here is what he said:

” Generally speaking the annuity payment starts within one year of making the deposit. Otherwise it is called a “deferred annuity.” Annuity payments come at regular intervals for the remainder of the annuitant’s life, unless he selects another option. This will provide a higher level of consumption and remove the risk of exhausting the capital.”

I welcome your comments about this topic and would love to answer your question – please comment below:


About robertjrussellcompanies

International Real Estate Agent * Insurance Broker * Radio Talk Show Host * Public Speaker * find out about me - visit http://www.robertjrussellcompanies.com
This entry was posted in Insurance and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s