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What is a deferred fixed annuity?

Available through The Fidelity Insurance Network ®, deferred fixed annuities 1 offer a guaranteed rate of return over a set time period, with tax-deferral. Questions about an existing annuity?

How much does a Midland deferred annuity cost?

Our take: This Midland deferred annuity offers a strong interest rate, though it requires a higher minimum premium to get the highest rate on this annuity. With as little as $20,000 you can also open this annuity, though you’ll earn a lower return. What is a fixed annuity?

How long does a deferred annuity last?

During the time you contribute payments, your money grows at an interest rate based on the type of annuity you choose — it can be fixed, indexed, or variable. A deferred annuity is unique because you need to wait at least a year before you’ll receive any income from it, but many deferred annuities can last five, 10, and up to 20 years.

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