An immediate annuity is an annuity for which the time between the contract date and the date of the first payment is not longer than the time interval between payments. A common use for an immediate annuity is to provide a pension to a retired person or persons.
Sponsored Topics. Middlebury is a town in and the shire town (county seat) of Addison County, Vermont, United States. The population was 8,496 at the 2010 census. Middlebury is home to both Middlebury College and the Henry Sheldon Museum of Vermont History.
Woodbury is a city in Gloucester County, New Jersey, in the United States. As of the United States 2000 Census, 10,307 residents were counted. Woodbury is the county seat of Gloucester County. Woodbury was originally formed as a Borough on March 27, 1854, within Deptford Township, based on the results of a referendum held on March 22, 1854. On January 2, 1871, Woodbury was reincorporated as a city, based on the results of a referendum held that day.