VARIABLE ANNUITIES
LIVING BENEFITS: REDUCING THE RISK OF VARIABLE ANNUITIES
Variable annuity sales have accelerated sharply, helped in part by new guarantees aimed at protecting your nest egg. Longer life spans and a declining role for traditional pension plans have raised concerns that more people could outlive their retirement savings.
Ref. https://deseretnews.com/dn/view/1,1249,...93913,00.html