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Annuities are slowly making their way into employer-sponsored 401 (k) plans. Here's what experts think about them.
Annuities are slowly making their way into employer-sponsored 401 (k) plans. Here's what experts think about them.
Annuity sales achieved unprecedented levels in 2024, with most product categories reaching new peaks, according to Limra's latest report.
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Low levels of personal financial literacy indicate some individuals may lack the necessary knowledge to comprehend the benefits annuities can provide.
Total second-quarter sales for all deferred annuities were $64.4 billion, an increase of more than 10% when compared to the previous quarter.