For nearly a century, modern annuities have been helping consumers enjoy downside protection and upside potential in their retirement plans. Yet these products are still widely misunderstood and even misrepresented by some entities.

NAFA’s newest educational video series seeks to break down specific features and benefits of these annuities in a way that anyone — regulator, legislator, journalist, agent or consumer — can understand. For our first installment, we examine fundamental annuity benefits and how annuities are uniquely positioned to address three critical risks consumers face when they start using their retirement savings for income.