What Is A Deferred Annuity Plan? 
A deferred Annuity means your Taxes are not payed until you start taking money out of the account , tax-deferral . All Annuities have this tax deferral so it does not matter what kind of Annuity you get . An annuity is a contract between you and an insurance company . The annuity will credit money to your account according to the method which comes with the Annuity . There is so much more you need to know about annuities before you get one so please follow up with your Broker or contact me if you do not have one . 