Understanding the Roles of Fixed Registered and Deferred Annuities A fixed annuity provides a guaranteed return on your investment. With this type of annuity, you agree to pay a lump sum to an insurance company. In exchange, the insurer guarantees you regular payments starting at a specified time, often in retirement. This fixed amount is determined at the time of purchase, and you are assured of receiving it for a set period or for the rest of your life. VISIT US : https://annuitybrokers.ca/understanding-the-roles-of-fixed-registered-and-deferred-annuities/