With a lifetime income SPIA, an optional cash-refund feature ... You could simply buy a 10-year fixed-rate annuity yielding 5.20%. A fixed-rate annuity acts much like a bank CD: You deposit ...

You can fund your SPIA by making a large deposit of cash ... Annuity rate of return is classified one of three ways—variable, fixed and index. Annuities may be further classified by how long ...

A single-premium immediate annuity (SPIA) is the simplest and ... When interest rates are higher, fixed annuities can be a more attractive option. They tend to earn slightly better rates than ...

Similarly, the healthier you are compared to the general population, the better the tax treatment of your annuity investments will be over your lifetime. In these cases, SPIA annuities pay more ...

traditional fixed annuity, indexed annuity, structured annuity, variable annuity, immediate income (SPIA), and deferred income annuity product lines. Noteworthy highlights for all annuity sales in ...

U.S. annuity sales hit an all-time high last year, and that momentum is expected to continue for the next couple of years, according to Limra. Sales in 2024 skyrocketed to $432.6 billion, an increase ...

For the first time ever, total quarterly annuity sales surpassed $100 billion in all four quarters of the year, LIMRA says.

Alternatively, you could buy a five-year fixed-rate deferred annuity — which offers a set ... So, you need to determine how and why a particular SPIA will meet your financial goals better ...