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LIMRA: New Study Examines Fixed Indexed Annuity Contract Owner Behavior
August 17, 2023
WINDSOR, Connecticut, Aug. 17 (TNSres) -- LIMRA issued the following news release:

A new study finds that in 2019 and 2020 owners of a fixed indexed annuity (FIA) with a guaranteed lifetime withdrawal benefit (GLWB) were less likely to surrender their contracts than those without a GLWB.

The Fixed Indexed Annuity Contract Owner Behavior Study (https://www.limra.com/en/research/dashboards/Fixed-Index-Annuity/), conducted jointly by LIMRA and the Society of Actuaries (SOA . . .

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