What Are The 4 Types Of Annuities? When you hear about annuities, it can sound like one big confusing product—but there are four main types most people need to understand: immediate, deferred, fixed, and variable. In this video, we break down what each type actually is, how it works, and what problem it’s designed to solve so you can stop guessing and start matching the right annuity to your own retirement goals. You’ll see how immediate annuities turn a lump sum into income right away, while de

What Is A Deferred Annuity? This video explains what a deferred annuity is and why it’s different from an annuity that pays you right away. The core idea is simple: you put money in now, it grows tax-deferred, and you choose to start income later when you need it for retirement. You’ll learn the two phases—accumulation and payout—and what happens in each. We’ll cover the main types of deferred annuities (fixed and indexed), how interest is credited, and the role of surrender periods and penalty-