Who Buys Annuities And Who Is Likely To Buy Them? 
For long term savers and some investors in high tax brackets , the tax deferral feature to accumulate money is a significant reason for purchasing annuities . Tax deferred annuities have three crediting methods : fixed interest rate , index performance and separate sub accounts using equity and bond investments . Annuities have a variety of payout options like 10 or 20 years certain , even life time income . 