Immediate annuities pay you back almost immediately (which is where their name stems from), as their names suggest. Once the processing of your money completes in the annuity, you start receiving your return payment. This type of annuity works very well for people who are retiring. Of course, these payments depends on the financial institution that is providing it and the terms of the annuity. A deferred annuity is the one that accumulates its returns over a more extended period. However, the catch of this type of annuity is that you can’t take the money out before the time period ends, no matter how urgent your financial needs are. Call 866-508-0010 to find out how much annuity your annuity is worth and if selling it is the right decision for you.