Annuity sales are on a big upswing this year, with figures from April through June reaching the second-highest level ever, according to a report today from Limra’s Secure Retirement Institute. Only the fourth quarter of 2008 saw higher sales, the ...

Sales of annuities reached $67.9 billion in the second quarter, up 39% from the second quarter of 2020, according to data gathered by the Secure Retirement Institute. Year-to-date, annuity sales totaled $129 billion, 23% higher than in the same period ...

The nationwide shutdown due to the pandemic last year led many companies to lay off workers — and there was a surge in rollovers from 401(k) plans to IRAs. Last year, account holders moved an estimated $623 billion from their ...