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Join Our Free Exclusive Community for Washington State Employees: https://www.skool.com/washington-weal... Deferred annuities are the most common annuities out there and can be a powerful source of guaranteed income for life. A deferred annuity is basically deferring the guaranteed income for a period over 1 year which can lead to a higher income amount in the future. Income annuities are also called deferred income annuities. In this video I walk through two deferred annuity illustrations to give you a better idea of how these annuities work and how the guaranteed income is calculated. While these safe retirement investments are typically used for income, they can also be designed without a income benefit to maximize the cash growth within the annuity by not electing the income rider. This is what we call a growth annuity where the only goal of it is to grow like any other investment. 🙋♀️Need some help? Schedule a meeting here: https://calendly.com/scenicfinancial/... ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🎯Get TRS 3, PERS 3 & DCP Investment Advice Here: 💥💥 https://scenicfinancial.net/scenic-pl... The Only Place To Receive Ongoing, Personalized Investment Advice, So You Can Confidently Invest In Your TRS 3, PERS 3 & DCP Retirement Plans! ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🕸️VISIT OUR WEBSITE: https://scenicfinancial.com/ 👨🏫Washington State Employee Financial Blog https://scenicfinancial.com/blog ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🔴 SUBSCRIBE to not miss out on future updates - http://bit.ly/Scenicfinancial ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📲CONNECT WITH US ON SOCIAL MEDIA: Facebook ➡️ / scenicfinancial LinkedIn ➡️ / ethanmeikle ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ DISCLAIMER **Advisory Services offered through Intirety, LLC a registered investment adviser. Scenic Financial makes content available as a service to its customers and other visitors, to be used for informational purposes only. While our best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action. 🕸️