Flexible Premium Annuity

Definition of "Flexible premium annuity"

Monica DeSomma real estate agent
Monica DeSomma, Real Estate Agent Keller Williams Island Life Real Estate

Annuity with no fixed schedule for payment of premiums. For example, premiums can be paid for 10 straight months, then not paid for the next 10 months, then paid every other month, or any combination thereof.

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