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The best annuity companies of 2025

The best annuity companies of 2025


Published on 2024-12-13 12:41:15 - CNBC
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  • Athene is a leading provider of retirement savings plans and the country's largest annuities company, with more than $28 billion in YTD sales in October 2024. Yahoo! owner Apollo Global Management acquired Athene in 2022. Annuity types: Fixed annuities, registered index-linked annuities, fixed indexed annuities, immediate annuities

The article from CNBC Select discusses the best annuity companies for 2023, highlighting their offerings in terms of financial stability, customer service, and product variety. It lists companies like New York Life, which is praised for its financial strength and diverse annuity products including fixed, variable, and immediate annuities. Allianz Life is noted for its innovative products like the Allianz 222 Annuity, which offers growth potential with some liquidity. Athene Annuity & Life Company stands out for its competitive rates and flexibility in income options. The article also mentions Nationwide, TIAA, and MassMutual for their strong ratings and customer-focused services. Each company is evaluated based on factors such as fees, investment options, surrender periods, and the ability to customize annuities to meet individual retirement needs. The piece emphasizes the importance of understanding the specifics of each annuity product, including potential risks and benefits, before making a decision.

Read the Full CNBC Article at:
[ https://www.cnbc.com/select/best-annuity-companies/ ]
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