The Secure Retirement Institute says strong equity market growth in the fourth quarter and in 2021 helped to propel the growth.
Tag: deferred income annuities
Individual circumstances determine whether an annuity is right for an individual, how much of their assets should be annuitized and which type of annuity is best.
All account savings can be income streams.
New EBRI data shows both defined contribution and defined benefit plan participants favor cashing out their accrued benefits over purchasing annuities, potentially jeopardizing retirement security.