{"id":5298,"date":"2022-05-05T12:21:35","date_gmt":"2022-05-05T12:21:35","guid":{"rendered":"https:\/\/www.annuityfyi.com\/?page_id=5298"},"modified":"2022-12-16T16:04:54","modified_gmt":"2022-12-16T16:04:54","slug":"deferred-income-annuities","status":"publish","type":"page","link":"https:\/\/www.annuityfyi.com\/deferred-income-annuities\/","title":{"rendered":"Deferred Income Annuities"},"content":{"rendered":"
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What is a Deferred Income Annuity?<\/strong><\/h2>\n\n\n\n

A deferred income annuity (\u201cDIA,\u201d and also sometimes referred to as a longevity annuity), is a contract between you and an insurance company. You give a lump-sum payment to the insurance company in exchange for guaranteed lifetime income that begins at a future date, up to forty years later in some cases. Deferred income annuities can serve as a sort of pension for those investors without an employer\u2019s defined benefit plan.<\/p>\n\n\n

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