What Is The Accumulation Period For Immediate Annuities?
- 63333 POINTSContact Meview profilePeggy MacePROMost of the U.S.There is no accumulation period for immediate annuities. After you purchase the SPIA (Single Premium Immediate Annuity) with a single lump sum amount, you are able to begin receiving payments from the annuity almost immediately. Typically, you will receive your first payment one month after the immediate annuity is procured.Answered on June 14, 2013+31 0+1 this answerflag this answerview more answers by Peggy Mace
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