Annuity Sales Are Breaking Records. Should You Be Buying An Annuity In 2025?

Sales of annuities have been booming in recent years. According to an InsuranceNewsNet article citing Limra’s U.S. Individual Annuity Sales Survey, “in the first nine months of 2024, total annuity sales increased 23% [year over year] to $331.2 billion and are on pace for another record-breaking year.” That’s on top of a 23% year-over-year gain in 2023, as well.

Here’s an introductory look at annuities that can help you decide whether you might want to buy one or more of them.

This post originally appeared at The Motley Fool.