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Annuity: Fixed, Variable, Equity-Based Annuity: Deferred, Immediate Annuity

Fixed, Variable, Equity-Based Annuity Deferred, Immediate Annuity

What is an Annuity? Types of Annuities such as fixed annuity, variable annuity and equity-based annuity are discussed. Explain what is a deferred annuity and an immediate annuity.