Annuities Impress In Face Of Q3 Earnings Stress Test
Overall, U.S. life insurers and annuities issuers impressed in the third quarter of 2020.
Overall, U.S. life insurers and annuities issuers impressed in the third quarter of 2020.
With a fixed-rate annuity you can earn up to 2.40% for a three-year guarantee period and up to 3.05% annually for a five-year contract.
With some riders, participants can enjoy the upside of the market with downside protection.
Americans are looking for financial protection, while also feeling optimistic about retirement.
With retirement planners and retirees themselves scrambling for more income, annuities are getting more looks.
Prudential Financial is discontinuing all sales of variable annuities with guaranteed living benefits, said chairman and CEO Charlie Lowrey.
As pension plans fade, today’s investors may want to look to annuities to bridge the retirement gap.