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While the exact best age to purchase a deferred annuity will be different for each annuity investor, financial planners generally agree that between the ages of 45 and 55 is optimal.
Let's look at an example to see why RMDs would not work for an immediate annuity. If you transferred $100,000 to the IRA annuity at age 70 you may receive $7,000 a year, or 7% of the premium in annual income (you can get an instant calculation of the annual income on our home page).But at age 70 the RMD table calls for only a 3.5% annual distribution, which is just $3,500.et, the RMD table does not require a 7% withdrawal from IRA holdings until you reached age 85. Of course,if you live beyond age 85 those same 7% ($7,000) level annual payments generated by the annuity would no longer keep pace with the annually increasing percentage of IRA assets that the RMD tables required.