Deferred fixed annuity interest rates
After that, interest rates may be adjusted periodically, generally each year. Fixed deferred annuities also provide you with a guaranteed minimum interest rate, regardless of market conditions. Tax savings. If taxes are a concern, then a fixed deferred annuity may be a better option for several reasons. Fixed annuities promise to pay a guaranteed interest rate on the investor's contributions. The type of fixed annuity—deferred or immediate—determines when payouts will start. Deferred Annuity: A deferred annuity is a type of annuity contract that delays payments of income, installments or a lump sum until the investor elects to receive them. This type of annuity has