Annuities, hard hit by COVID-19, give retirees one less option
Insurers have started pulling some products amid volatility and low interest rates
The falling stock market would have been a great selling point for annuities. But, much like dry goods and toilet paper, the products are vanishing from shelves.
That isn’t because consumers are clearing out the available stock. Instead, insurance companies — which are having to contend with
Learn more about reprints and licensing for this article.
