There are two
main types of annuities — fixed and variable.
The other
main type of annuity that Hancock offers is the fixed annuities.
Not exact matches
While there are different
types of annuities, they fall into two
main buckets: deferred
annuities and immediate
annuities (or single premium immediate
annuities).
This
type of annuity has two
main phases, the savings and planning phase in which you invest money into the account, and the income phase in which the plan is converted into an
annuity and payments are received.
To better understand how
annuities work, let's look at some
types of annuities and their
main features.
This
type of annuity has two
main phases: the savings phase in which you invest money into the account, and the income phase in which the plan is converted into an
annuity and payments are received.