deferred annuities

A **deferred annuity** is a type of financial product designed to provide income payments at a future date, allowing your investments to grow tax-deferred until you start receiving payouts. Commonly used for retirement planning, deferred annuities help individuals accumulate funds over time, with distributions typically beginning months or years after the initial investment. This tag covers topics related to the benefits, types, payout options, tax implications, and strategies for using deferred annuities to secure long-term financial stability.