What Is a Deferred Annuity
Christopher Magnussen explains that a deferred annuity provides income in the future, allowing the invested money time to grow and compound for potentially higher payouts.
Video Transcript
A deferred annuity is an annuity that is going to be offering income down the road instead of immediately, the benefit of that is you have the additional time to let that money work for you and compound offering a higher income or a rate of return when that income starts.
