A deferred annuity is a type of contract offered by an insurance company that allows an individual to invest a lump sum of money and receive payments at a later date. The payments may be made on a regular basis or in a lump sum. 

The National Association of Insurance Commissioners (NAIC) is a non-profit organization of the chief insurance regulatory officials of the 50 states, the District of Columbia, and five U.S. territories. Their mission is to protect and serve consumers of insurance products and services by providing information and resources to help make informed decisions. The NAIC Consumer Guide for Deferred Annuities is a comprehensive guide for consumers considering this type of investment. 

The NAIC Consumer Guide for Deferred Annuities provides consumers with the information they need to understand the risks and benefits of this type of investment. It covers topics like the different types of annuities, how they work, the fees associated with them, and the tax implications. 

With this information, consumers can make an informed decision about whether or not a deferred annuity is a good fit for their individual needs.

As an insurance broker and financial services provider, we highly recommend that you read the NAIC Consumer Guide for Deferred Annuities before making any decisions. This guide will help you to understand the different types of annuities and make an informed decision when purchasing one.

Reach out to us and get a copy of this guide today.  You'll be glad you did.