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Your source for annuity information. Get the story on fixed annuities, index annuities, and variable annuities. Insightful, informative, and often controversial. Why are so many people misled by annuities? How do you evaluate annuities to see whether they are right for you? You can not do this unless you get the right annuity information. This is an unbiased look at the world of these often misunderstood vehicles. the whole truth and nothing but the truth.
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The payment stream based upon the life expectancy of the annuitant is of unknown length but generally guaranteed to continue for a certain number of years.
The good news is that there will be more flexibility in how retirement income can be taken. I think this means that we might see more people split their funds between an annuity and unsecured pension. Down Down Go Annuity Rates.