Understanding Annuity vs 401k is crucial for making smart retirement decisions. Annuities provide lifelong income, reducing financial uncertainty, but they often have higher costs and less flexibility. On the other hand, a 401(k) allows investments to grow tax-deferred, sometimes with employer matching, though market volatility can impact returns. A combination of both strategies can ... https://www.federalpensionadvisors.com/post/annuity-vs-401k