Annuities Are Hot. Yet Many Investors Are Confused and Unhappy. | Barron's

Annuities are more popular than ever, yet many investors in those products say they are confusing and report low levels of satisfaction with them.

Earlier this year, the trade group Limra reported record second-quarter annuity sales of nearly $110 billion, a 26% increase over the same period in 2023.

But that rise in ownership doesn’t seem...