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 town in Litchfield County, Connecticut, United States. The population was 9,975 at the 2010 census. The town center is also designated by the U.S. Census Bureau as a census-designated place (CDP).Woodbury was founded in 1673.he center of Woodbury is distinctive because, unlike many New England towns, it is not nucleated. In Woodbury, the older buildings are arrayed in linear fashion along both sides of a road that stretches for over a mile.