Ask the Dolans: Is my annuity safe?
Ken and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday.
Dear Ken and Daria,
Is my annuity safe in this market meltdown?
We know many of you rely on annuities for retirement income. There are good and bad annuities, but the right ones can help guarantee revenue well into your golden years, even if your other assets run out.
No big surprise, then, that so many people are worried about the safety of their annuities in the midst of all this financial turmoil. We're here to set the record straight. Here's how to tell if you can still count on your annuity.