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Annuity Terms DefinedPremium Deferred AnnuitiesIn the world of annuities there are many options to choose from. When it comes to premium deferred annuities it is important to know how they are different from other fixed annuities. There are two different types of deferred fixed annuities. Those purchased with a onetime premium are called single-premium deferred annuities. Annuities funded by ongoing contributions over a period of time are called flexible-premium deferred annuities. |