Series 6: 6.2.3. Purchasing Annuities

Taken from our Series 6 Online Guide

6.2.3. 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

Immediate annuity

Lump sum

Payout begins in 30 days

Note: There is no periodic payment immediate annuity.

Since you're reading about Series 6: 6.2.3. Purchasing Annuities, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 6
Please Enable Javascript
to view this content!