As life expectancy continues to increase for most Americans, it’s clear that many people will spend more of their time – and their savings – in retirement. An annuity can play an important role in your retirement income strategy by providing a guaranteed, predictable income stream you can’t outlive – and may offer tax-deferral advantages as well. However, annuities are not right for everyone. It’s important to consider fees or expenses when determining whether an annuity will be a good fit for your financial plan.