1. TYPES OF ANNUITIES
The term “annuity” is too broad to describe any annuity contract adequately. To understand any statement about “annuities”, we must know what type of “annuity” the author is talking about. The following charts show the various types and how they relate in terms of (a) when annuity payments begin and (b) how the contract value is invested. Hope this helps you. – John Olsen
(c) John L. Olsen, 2014
(c) John L. Olsen, 2014

2. Types of Annuities: In terms of when payments begin
© John L. Olsen, 2016

3. Types of Annuities: In terms of how money is invested
Fixed annuity
Fixed deferred annuity
Fixed declared rate deferred annuity
Fixed annually declared rate deferred annuity
Fixed multi-year deferred annuity (MYGA)
Fixed indexed deferred annuity ("Index annuity")
Fixed immediate annuity
Fixed deferred income annuity ("Longevity annuity")
Variable annuity
Variable immediate annuity
Variable deferred annuity
© John L. Olsen, 2016