Who Really Buys Annuities? IALC Has Surprising Answers

June 29, 2021 by Allison Bell

Older U.S. residents may be more likely to own annuities if they live in households with annual income from $50,000 to $74,999, or with income from $100,000 to $149,999.

The Indexed Annuity Leadership Council (IALC) found those two pockets of annuity ownership strength when it commissioned a new survey. A team conducted the survey in April. The sample included a total of 20210 U.S. adults and 760 U.S. adults ages 55 and older.

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Originally Posted at ThinkAdvisor on June 25, 2021 by Allison Bell.