v line

Exercise Extreme Caution when using many of our free forms - or any legal material. While they may provide general ideas on format & content, validity requirements can and do vary greatly from state to state. Many MUST be Properly Modified for your own location and circumstances. (Hint: If in doubt it's usually safer to include unneeded clauses than to leave out necessary ones. . . . but it's even safer to consult a competent source or use current, state specific ones like ours mentioned below.) Also, we urge people (and lawyers too) to read our Relying On Legal Info FAQ.


See Our Premium Forms!


PREMIUM LEGAL RESOURCES LEGAL FORMS ASK A LAWYER

Deferred Annuities

Deferred annuities allow interest to accumulate internally without taxation by delaying payments, often for periods of ten or twenty years. By far more popular than the immediate payment option, people commonly select this option for their annuity because of the savings that can be expected from protecting their payments from taxes. Although payments on deferred annuities are subject to taxation just like immediate annuities, the accumulation of interest within the annuity before taxation means that compound interest functions faster and without hinderance. So, when the purchaser is ready to begin receiving payments, say, twenty years after the initial purchase, these payments will be significantly larger because of the money saved from taxes.

Deferred payment can be selected for either fixed or variable annuities.

See also:


Google+

‹‹ Back To The 'Lectric Law Library®

‹‹ Back To Investments & Securities Law

PREMIUM ROOMS

Scales

Scales

SOME MAIN ROOMS

Scales

Scales

LEGAL TOPIC AREAS

Scales

Scales

MISC BUSHWAH

Scales

Scales


Most Popular Free Legal Forms:
Quit Claim Deed
Lease Agreement

Scales

Scales

Most Popular Articles:
Crimes Mala In Se
Crimes Mala Prohibita

Scales

The Current Page is:
Deferred Annuities