Top-rated companies include New York Life (rated A++ for financial strength) and Allianz Life (a leader in fixed index annuities). MassMutual and Nationwide also offer robust direct options.
A platform designed for speed, allowing users to complete the process without an agent.
Some brokers work on commission, which could influence their recommendations. 3. Banks and Credit Unions where to buy annuities
Buying directly from the source is a common starting point. Many insurance giants allow you to purchase products through their own "captive" agents—professionals who work exclusively for that company.
They can shop around to find the highest payout rates or the best riders (extra features) across dozens of carriers. Fiduciary advisors are also legally required to put your best interests first. Top-rated companies include New York Life (rated A++
Banks typically have a much more limited selection of products than an independent broker. 4. Brokerage Firms and Mutual Fund Companies
Operates as an annuity marketplace and issues its own variable annuities. Some brokers work on commission, which could influence
Captive agents can only sell products from their own company, meaning they won't show you potentially better rates from a competitor. 2. Independent Brokers and Financial Advisors
