Home / Blog / Q4 Fixed Annuity Sales Up 79%

Q4 Fixed Annuity Sales Up 79%

Limra International says that fixed annuity sales increased by 79% in the fourth quarter of 2008, according to the Wall Street Journal’s Leslie Scism. The jump is credited to olders individuals fearing that the current market turmoil will torpedo their retirement funds. Fixed annuities are considered far less susceptible to wild swings in value.

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