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Pros and Cons of 2 Key Annuity Types

Single premium immediate annuities look more competitively priced than deferred income annuities today, says David Blanchett of Morningstar Investment Management.

Christine Benz: Hi, I'm Christine Benz for Retirees and pre-retirees may have heard that they should consider annuities, but they may be put off by a bewildering array of options. Joining me to discuss two of the key ones is David Blanchett. He is head of retirement research for [Morningstar Investment Management].

David, thank you so much for being here.