Thrivent Financial Flexible Premium Deferred Variable Annuity
Annuity Product Types:
Company Offering:
Surrender Fees:
7%
6%
5%
4%
3%
2%
1%
0%
Key Phrases:
Annuity Product Types:
Deferred Variable Annuity
A deferred annuity has a payout phase that commences (is “deferred”) at some specified future date. Deferred annuities can be purchased with either single (lump sum) or periodic premium payments. The contract holder determines the deferral period. Deferred annuity payments can be either fixed or variable. With a deferred variable annuity: 1) the money can go in as a single premium payment or a series of payments; 2) the money is invested at a variable rate, and; 3) payments are deferred to some future date.
