Annuity sales are on track for a record year. Here ’s what to know before buying

Annuities are issued by insurance companies. Consumers generally hand over a lump sum of money in exchange for an income stream for life, similar to a pension or Social Security. Financial planners sometimes recommend them to guard against the risk of outliving one's savings — though some kinds…#socialsecurity #carolynmcclanahan #jacksonville #florida #advisorcouncil #usfederalreserve #toddgiesing #limra #lifeplanningpartners #spia
Source: Reuters: Health - Category: Consumer Health News Source Type: news