Individual Annuity Considerations, 2020-2024 (1) |
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Total |
Year |
Variable |
Fixed |
Amount |
Percent change
from prior year |
2020 |
$98.6 |
$120.5 |
$219.1 |
-9.4% |
2021 |
125.3 |
129.2 |
254.5 |
16.2 |
2022 |
102.9 |
209.9 |
312.8 |
22.9 |
2023 |
98.8 |
286.6 |
385.4 |
23.2 |
2024 |
126.5 |
307.6 |
434.1 |
12.6 |
(1) Based on LIMRA's estimates of the total annuity sales market. Includes some considerations (i.e. premiums) as although annuities may have been bought in group settings, purchases can involve individual buying decisions.
Source: U.S. Individual Annuities, 4th Quarter 2024, LIMRA, 2025. |
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