Summerlin Benefits Consulting Q&AAnswer
Nov 13, 2024 - 09:19 AM
Annuities for retirees offer several income options: fixed annuities provide stable, regular payments; fixed indexed annuities (FIAs) offer potential growth tied to a financial index with principal protection; and variable annuities vary based on stock market performance but come with higher risk. Some annuities also offer lifelong income and additional benefits like long-term care coverage.
