Series 65: 3.7.4.3 Purchasing Annuities

Taken from our Series 65 Online Guide

3.7.4.3  Purchasing Annuities

Annuitants may purchase an annuity in one of three ways:

Type of Annuity

How Purchased

Payout

Single Premium Deferred Annuity

Lump sum

Delayed to a later date

Periodic Payment Deferred Annuity

Weekly, monthly, or annually on a scheduled basis

Delayed to a later date

Note: There is no periodic payment immediate annuity.

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