The different types of annuities

Annuity Book
Annuities are separated into two categories:  immediate annuities and deferred annuities.  Immediate annuities are designed to provide income, where deferred annuities are designed to create growth.  Since deferred annuities provide tax deferral, it allows your funds to grow using the triple compounding effect for maximum growth potential.

There is an array of deferred annuity products available.  There are multi-year guarantee products, which offer a guaranteed rate over a specific period of time.  There are fixed indexed annuities, which have the option of using current interest rates declared annually or you can choose to have option crediting linked to market performance.  These are just to name a few of the deferred annuities available.

Whether your goal is to create an income or to maximize your return, you will find there is an annuity available to meet your financial goals and objectives.