These funds can be a great way to save for additional needs, such as supplementing future retirement income or paying off debts. (truelifequote.com)
However, a deferred annuity may be suitable for younger individuals who wish to take advantage of the tax advantages of annuities and asset protection to build secure future retirement income. (insuranceandestates.com)
What is the best way for her to manage this lump sum from a tax and future retirement income perspective? (moneysense.ca)