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The survey, fielded by Qualtrics, found fears about a potential recession and uncertainty over the financial strength of Social Security are

#annuities #economy #finance #fixed annuity #fixed income #indexed annuity #insurance #retiree finances #retirement #stock maket news

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"That means buyers, who are generally retirees or those near retirement age, may find payouts better now than they were just a few months ago.

The trend will likely continue if the Federal Reserve continues raising its benchmark interest rate, as it’s expected to do to tame high inflation, according to annuity experts."

Annuity buyers hand cash to insurers that pay regular income for the rest of the buyer's life. Pay rates are now rising along with interest

#annuities #economy #finance #fixed annuity #fixed income #indexed annuity #insurance #retiree finances #retirement #stock maket news

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