Understanding the Types of Annuities Before You Buy
The types of annuities aren’t interchangeable: fixed locks a rate, variable rides the market, indexed caps gains behind a 0% floor. Here’s which fits.

The types of annuities aren’t interchangeable: fixed locks a rate, variable rides the market, indexed caps gains behind a 0% floor. Here’s which fits.

Is an annuity worth it? The answer is in the fees — near zero on a fixed annuity, over 3% a year on a variable one. Here’s how to decide.