In my last post I introduced you to some very basic annuity concepts and cautioned you to be wary about who you do business with, as part of my ongoing annuity service.   In this post I will focus on fixed deferred annuities.

What is a Fixed Deferred Annuity?

A fixed deferred annuity is a contract between you and an insurance company. You give them a chunk of money and they give you a contract which spells out what they will do with it and for you. (more…)