what are the benefits of a deferred annuity? answer please
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what are the benefits of a deferred annuity? answer please
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Answer:
Tax-deferred growth. You will pay no income taxes on the earnings from your annuity investments until you begin making withdrawals or receiving periodic payments. ...
Unlimited contributions. ...
Choice of investment options. ...
No mandatory withdrawals. ...
Death benefit. ...
Lifetime income benefits.
Answer:
.
Step-by-step explanation:
they allow you to sock away a larger amounth of cash and defer oaying taxes