Monthly <h1 class="article_title" style="text-align: left;">Annuity / Annuities</h1> <p style="line-height: 0.2;">&nbsp;</p> <h2 style="text-align: left;"><span class="article_subtitle">Annuity Explanations</span></h2> <p style="line-height: 0.2;">&nbsp;</p> <h2 class="article_subtitle" style="text-align: left;"><span class="in_text_link">What is an Annuity</span>?</h2> <p>An annuity is an agreement between you and a <a class="in_text_link" href="/">life insurance</a> company. In this agreement, you pay the life insurance company a sum of money. In return, the life insurance company pays you a series of payments.</p> <p>While this simple definition is correct, it does not accurately describe all forms of <a class="in_text_link" href="/annuity-annuities/">annuities</a> available today. Modern annuities come in many different shapes and sizes. In fact, features of an annuity agreement can vary dramatically.</p> <p style="line-height: 0.2;">&nbsp;</p> <h2 class="article_subtitle" style="text-align: left;">Types of Annuities</h2> <p>The two basic types of annuities are <a class="in_text_link" href="/annuity-annuities/immediate/">immediate annuities</a> and deferred annuities. An immediate annuity is one in which the payments from the life insurance company begin right away.</p> <p>A deferred annuity is one in which the cash value of the annuity accumulates over time. With a deferred annuity, payments from the life insurance company do not begin until after an accumulation period.</p> <p>Both immediate and deferred annuities come in different forms as well. Follow the links below to learn more.</p> <p>The most common annuities purchased today are:</p> <p>Single premium immediate annuities (SPIA) <br /> Single premium deferred annuities (SPDA) <br /> Flexible premium deferred annuities (FPDA)</p> <p>&nbsp;</p> <p>Learn More:<a href="/annuity-annuities/immediate/"><br />What is an Immediate Annuity?</a></p> 2010-01-14T21:49:19Z Annuity / Annuities Explanations >>>>> 46 Annuity Explanations: What is an Annuity? How does an Annuity Work? What are the different Types of Annuities? annuities, annuity, annuities explanation, immediate annuities, deferred annuities, spia, spda, fpda Annuity / Annuities 9 true 30 2010-01-22T18:31:12Z annuity-annuities