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.
Lodging options in the Middlebury area also include other historic inns, a hotel, three motels, many bed and breakfasts, private lakeside or mountainside cottages, camping, and recreational vehicle camps - most no more than a ten minute drive from the historic downtown.