Although annuity sales are still seeing record highs, investor interest may eventually shift away from fixed-rate deferred annuities and towards other annuities products that have more growth ...
Fixed-rate deferred (FRD) annuity sales surged 60% in the third quarter to $15.8 billion, driven in part by strong sales through banks, according to the Secure Retirement Institute(R) (SRI(R)) U.S.
Annuities are a way to secure a steady income stream in retirement. But like many investments — including bonds, savings accounts and certificates of deposit — certain types of annuities are impacted ...
A deferred annuity is a long-term investment that grows tax-deferred and provides income in retirement. Interest earnings accumulate without immediate taxes, allowing savings to grow. Taxes are paid ...
Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about personal loans, home equity loans, mortgages and banking. She lives in North Carolina and has taught and ...