Immediate Annuity CalculatorAn immediate annuity is a product sold by insurance companiesthat is designed to provide you with an income stream for life. Theincome, by definition, is designed to start immediately, althoughsome immediate annuities allow you to defer payments for up to oneyear. It is very important to remember that once you set up animmediate annuity, you no longer control the money you put in it.Likewise, while the income stream is guaranteed for your lifetime,an untimely death will not result in any money being returned toyour estate. This calculator is designed to help you estimate yourmonthly payments from an immediate annuity.