The annuity market can be daunting, overflowing with various insurance carriers and hundreds of products. For financial advisors, finding the best solutions for their clients involves going beyond simple rate comparisons.

Choosing the right annuity for a retirement plan requires evaluating a client’s income needs, risk tolerance, time horizon, and the features of different annuity products. Financial advisors typically narrow down options by first identifying the best annuity type, comparing key product features, and then stress-testing a few top choices before making a recommendation.