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Despite Interest, U.S. Workers Remain Confused About Annuities

December 14, 2023
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According to 2023 data from Athene, 26% of workers currently rely on employer-sponsored retirement plans as their biggest source of retirement savings, while 21% express confusion on what an annuity is.

The findings come as economic uncertainty has led more workers to consider guaranteed lifetime income products in their retirement savings strategies.

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