3 Reasons Why Annuities Deserve A Look For the majority of U.S. workers today, pensions are a thing of the past. A recent survey found that from 1998 to 2013, the number of Fortune 500 companies offering traditional defined benefit plans dropped 86 percent, from 251 to 34. Add to that doubts about the future of Social Security and the picture becomes clear for today’s generations of workers: It’s up to each individual to create his or her own retirement income. If you want to create the same kind of predictable, guaranteed income a pension would have provided, you could consider an annuity.
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