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A retirement annuity can be multiple types of annuities. I think most people when talking about a retirement annuity, they're talking about a lifetime income stream. An immediate annuity, a deferred income annuity, or qualified longevity annuity contracts. Something that's going to create a pension type income stream.

You may want to buy a MYGA if you're looking to protect your principal, not pay any fees annually, there are no moving parts, there are no market attachments, you're just going to get an interest rate contractually for the specific period that you choose.

Over 10,000 Baby Boomers are retiring every single day and millions more already enjoying their retirement years. Over 10,000 Baby Boomers are retiring every single day and millions more already enjoying their retirement years. Because of this, older adults are too often the targets of annuity salespeople. Annuities are not for everyone.

“Retirement Income” might be the two most important words to the 10,000+ baby boomers that reach retirement age every single day. For the people that plan to retire soon or in the future, Retirement Income is a focus and the ultimate goal for most hard-working Americans.

There's only one reason that someone would 1035 exchange their policy. It's if the policy that they're going into is better contractually than the one that they're leaving. It's that simple.

To answer that question, I need to know some information. First, you're going to have to tell me what you're trying to achieve and then we're going to get to the specific product types.