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WebJan 5, 2024 · Getty. A deferred annuity is an insurance contract that generates income for retirement. In exchange for one-time or recurring deposits held for at least a year, an annuity company provides ... WebFixed index annuities have many features that are unique in both the fixed-rate safer-money world and the securities risk investment world. Initially introduced in 1995, they are a modern class of annuity that utilize a safer approach to asset growth potential. WebFeb 19, 2024 · An increasing number of fee-only planners are recommending indexed annuities to clients who are near or in retirement and want the security of guaranteed … greektown casino hotel age