If you are a bandwagon type person, and want to know what the best trend is for retirement, then an indexed annuity might be for you.

Joseph Montminy, LIMRA’s assistant vice president for annuity research says,” As we noted last quarter, we are still seeing companies carefully manage the risks associated with guaranteed living benefit riders,” said  “VA sales dropped despite the 13% equity market gains in the first quarter

Sales of fixed annuities, too, slipped amid a low-interest-rate environment. Sales fell 10% compared with the year-earlier period.

Indexed annuities, however, rose by 14% in the first quarter, reaching $8.1 billion.

Guaranteed lifetime withdrawal benefits helped move the product among customers: Two out of three people who bought fixed indexed annuities decided to buy a GLWB rider, which lets customers get lifetime income without annuitizing their contracts.

Annuity Think Tank

Compare Annuities | Compare Annuity Rates | Find a Retirement Income Advisor