NPR: Annuities Explained - Choices & Red Flags

[SumDay]

Pretty basic stuff from a reporter at Kiplinger's on today's Morning Edition:

Annuities Explained: The Choices And Red Flags : NPR

Companies are licking their chops at the prospect of a wave of baby boomers leaving their jobs with trillions of dollars in 401(k)s and other savings accounts, so older Americans may find themselves bombarded with ads for annuities. And younger boomers, too, may be targeted, since many are helping their parentswith investment decisions.