I was glad to contribute to this article, "16 Things You Need to Know About Annuities" on usnews.com by Coryanne Hicks and Philip Moeller published on May 03, 2021.
It allowed me to factually frame the misunderstood world of annuities. This article was originally published a few years ago, but the authors contacted me to provide updated answers to the same 16 questions below:
“…annuities are among the most commonly misunderstood and misused financial products. "If you say the word 'annuity,' what do you mean? There's so many different types," says Stan Haithcock, also known as Stan The Annuity Man. "Saying you hate annuities is like saying you hate all restaurants."
This is a great piece for people that really need to know the basics about annuities, and a good refresher for those of you that have a good foundation of knowledge of the annuity category. Enjoy the read!