Market volatility caused by pandemic expands interest in annuities

Market volatility caused by pandemic expands interest in annuities

–>

Sorry, we’re having issues playing this video.
In the meantime, try watching one of the videos below. Workers could soon have a more secure option to save for retirement.
Fidelity Investments recently introduced a new Guaranteed Income Direct platform that companies can offer to employees. The annuity stays within the company, allowing savers to take the money in their 401k and turn it into monthly payments for life, no matter what happens to the market."It is basically transferring those assets over to the insurance company with a promise that they will make the lifetime income payments throughout that person’s […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.