Series 66: 3.6.4.3. Purchasing Annuities

Taken from our Series 66 Online Guide

3.6.4.3. 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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