Who Would Be A Good Candidate for an Annuity

Guaranteed retirement income is becoming a hot topic with the low interest rate environment and market volatility. Those planning for retirement should evaluate their circumstance to determine whether they’re a good candidate for a guaranteed income option like an annuity. The purpose of a fixed annuity is to help with a variety of financial goals (tax deferral, principal-protected accumulation, lifetime income streams, access to funds, wealth transfer benefits, and it bypasses probate).