How to Use Fixed Annuities
March 1, 2021 by dkorth@finsum.com (FINSUM)
If there were ever a product built for steady retirement income, it is fixed annuities. With the big decline in fixed pensions, fixed annuities have become a must-have option for many retirees who need guaranteed income. They are the simplest annuity—principal and income are guaranteed, but rates are fixed. In other words, the insurance company is bearing the risk, so they get the upside, but the customer gets peace of mind.
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Originally Posted at Nasdaq on February 25, 2021 by dkorth@finsum.com (FINSUM).
Categories: Industry Articles