A deferred annuity is in actuality used in real life for quite a lot of income planning
. One scenario is when there is a desire to obtain a predictable payment at the time of retirement. Thus utilizing the benefits that the deferred Florida annuity offers, will be an integral part of ones retirement planning. In recent times, there was news regarding a plan to and make use of this notion in an effort to assist the retired citizens. Particularly there was a need to be able to bring into play this method of income disbursement in order to obtain a regular stream of income so that they don't outlive their investments. A new sort of deferred annuity, called the fixed indexed annuity (FIA) becomes known in 1995 which was in the beginning entitled as an Equity-Indexed Annuity.