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Real-World Examples and Statistics

According to a 2022 report by the Insured Retirement Institute, the demand for FIAs has been steadily increasing, with sales reaching a record high of $74 billion in 20214. This growth reflects the rising popularity of FIAs as a reliable income source for retirees. Additionally, many insurance companies offer competitive rates and innovative features, such as enhanced death benefits and long-term care riders, which can further enhance the value of an FIA.

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