Immediate annuity?

Discussion in 'Trading' started by smitsky, Apr 17, 2006.

  1. smitsky


    "Immediate annuities are what the name says, immediate. You make a one time principal payment towards an annuity, and start receiving interest payments in the form of fixed/variable rates the following month (just like deferred annuities). "

    do you know how much payment one can make in an immediate annuity? like if i were to put in 150k into an immediate annuity, how much interest would i earn in a month? what about taxes?