FYI: Annuities are sold, not bought, the old saying goes. If so, someone is doing a pretty good sales job on fixed annuities.
There are two main types. Fixed-rate deferred annuities provide a CD-like guaranteed return for maturities of three to 10 years. Indexed annuities provide protection of principal and participation in some upside, usually tied to the performance of a stock market index.
Regards,
Ted
https://www.morningstar.com/articles/930554/the-uptick-in-annuities.html
