What Are the Different Types of Annuities?

In this video, Wendy Swanson explains the main types of annuities, including single premium immediate, deferred income, multi-year guarantee, fixed index, and variable annuities.

Video Transcript
There's quite a few different type of annuities that are available. The most common are going to be a single premium immediate annuity, a deferred income annuity, a multi-year guarantee annuity, a fixed index annuity and then a variable annuity.