If you’ve ever wondered what is an annuity and whether it belongs in your retirement plan, here’s the short answer: It’s a financial product, usually sold by insurance companies, that turns your money ...
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...
The annuity industry is navigating choppy waters, but insurers are steering hard toward innovation in product design, distribution, and technology to stay afloat and position for long-term growth, ...
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...
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Annuity vs. CD: Which Is Better in 2025?
In 2025, both annuities and certificates of deposit (CDs) offer attractive, guaranteed returns, especially as interest rates are expected to drop soon. If you're looking for a safe, fixed return on ...
Total U.S. annuity sales increased 8% year over year to a record high $119.5 billion in the second quarter, according to LIMRA’s U.S. Individual Annuity Sales Survey, which represents 92% of the total ...
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