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.
Middlebury College is a private liberal arts college located in Middlebury, Vermont, United States. The college was founded in 1800 by Congregationalists making it the first operating college or university in Vermont. The college currently enrolls 2,526 undergraduates from all 50 states and 74 countries. Middlebury offers 44 majors in the arts, humanities, literature, foreign languages, social sciences, and natural sciences. The college is the first American institution of higher education to ha