How Well Do You Know... Fixed Annuities?

Back before 2008's cruel lessons about the stock market, many individual investors saw little reason to bone up on boring subjects like fixed-income investments and annuities. And what was less attention-grabbing than the combination of those two topics, the fixed annuity?

Nowadays, boring is better to many investors burned in stock mutual funds. Indeed, sales of fixed annuities soared 79% in the fourth quarter, according to consulting firm Limra International. In a recent quiz, we focused on variable annuities. This month, we examine the fixed variety, helping you understand the appeal and the pitfalls...

WSJ: How Well Do You Know... Fixed Annuities?