How Safe Is The Guaranteed Lifetime Income On Annuities Really?

What are annuities, how safe are they, and what happens when your annuity company defaults? Is there the equivalent of FDIC coverage for annuities? And if yes, how does this work, and up to what amounts might you be protected?Drop us a note - what do you want to hear about next?Support the show💎 Join our 200,000+ Diamond NestEgg viewers on YouTube for more daily doses from Jen and Markus! 💰 Supercharge your income 👉 JOIN our VIP Investment Club and be the first to know about top rates, higher-yielding investment opportunities and members-only conversations and content!👉 Email [email protected] to get connected with our trusted annuity, life insurance and long-term care specialists 📢 Learn all about bond investing while yields are attractive! Get both our bond courses together & save $100 here!💡 Learn more about our foundational-level Bond Beginners and intermediate-level Bond Masters courses⭐ Check out Caitlin and Eva's YouTube channel, Your Financial Journey, for even more personal finance content and tutorials and Sophie's YouTube channel, Sophie The Scientist, if you like cool and fun science facts as well!