Annuities Comparison at a Glance

 Back to Non-Qualified Annuities

  Deferred Annuities Immediate Annuities
Fixed or Variable rate of return Fixed Variable Fixed Variable
Tax-deferred growth (returns will vary with variable annuities and there is the risk of loss).1 X X X X
No contribution limits X X X X
Death benefit2 X X X X
Income for a fixed period of time2 X X X X
Income later3 X X    
Income now3     X X
Liquidity4 X X    
Allows periodic contributions to fund the annuity X X    
Guaranteed principal and interest rates5 X   X  
Growth potential from investment portfolios   X   X
Irrevocable one-time purchase     X X