Answer
Nov 05, 2024 - 09:21 AM
The annuity industry has evolved to offer retirees more tailored options, balancing safety and returns. Products like Fixed Indexed Annuities (FIAs) now protect the principal while still yielding growth tied to market indexes without direct stock market risk. Additionally, new features such as income riders, long-term care benefits, and customized beneficiary options offer retirees enhanced flexibility, addressing their needs for secure, sustained income and protection against market volatility.