RILAs Will Still Be King of the Annuity Hill, LIMRA Predicts
January 14, 2025 by Allison Bell
U.S. sales of registered index-linked annuities could continue to rise this year, even as sales of most other types of individual annuities fall.
Analysts at LIMRA made that prediction in a new annuity market trends analysis.
Overall annuity sales performance could return to 2023 levels this year, simply because 2024 sales were so strong, the analysts warn.
Wink’s Note: Structured annuities are known by many names: hybrid, buffered variable, indexed variable, index-linked variable and finally, the registered indexed linked annuity (RILA). The basic design of a structured annuity is like a cross between an indexed annuity and a variable annuity. Structured annuity is the most satisfying moniker because these annuities are similar to structured notes, they aren’t a hybrid of an annuity and life insurance, not all the products offer variable subaccounts, and finally, it doesn’t confuse securities with fixed insurance. (Especially since there are also registered indexed annuities already.)