3 reasons for RILAs’ growing popularity
July 3, 2024 by Susan Rupe
Since they entered the marketplace in 2010, registered index-linked annuities have become the fastest growing category of annuities. RILA sales surpassed variable annuity sales for the first time in the fourth quarter of 2023, LIMRA reported.
Momentum for RILAs is expected to grow, given that RILAs provide investors with a level of protection coupled with growth opportunities to help meet their long-term retirement investment and income needs.
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Originally Posted at InsuranceNewsNet on June 28, 2024 by Susan Rupe.
Categories: Industry Articles