Summerlin Benefits Consulting Q&AAnswer
Nov 05, 2024 - 09:18 AM
Common misconceptions about annuities include beliefs that all annuities are risky, provide low returns, or are too complex to be valuable. In reality, annuity types vary widely: some, like Fixed Indexed Annuities, protect the principal while still offering growth potential. Changes in the industry also mean that annuities now offer more options, including protection features and lifetime income benefits, making them a versatile tool for retirement income.
