Annuities and 401(k) plans both serve as retirement savings tools, but they cater to different financial goals. Annuities provide a guaranteed income stream, ensuring financial security in retirement, but they often come with high fees and limited liquidity. In contrast, 401(k) plans allow investments to grow over time, benefiting from potential market gains and employer contributions... https://www.federalpensionadvisors.com/post/annuity-vs-401k