A new guide, designed to help consumers understand their choices among the various annuity products, was released earlier this month by the Insurance Marketplace Standards Association (IMSA). According to an IMSA spokesperson, the guide is available in both English and Spanish versions.

“This guide doesn’t presume that an annuity is the best insured retirement solution for every individual, but rather gives consumers the facts they need to make an informed decision with respect to their own unique needs,” said IMSA CEO Brian Atchinson.

According to Atchinson, the guide includes “Ten Safe Steps to Buying Annuities with Confidence” so that consumers know what questions to ask their agents and advisors. “IMSA-qualified companies commit to market and sell their products ethically as required by IMSA standards,” said Atchinson, “so we have a sound perspective on what questions the consumer should be bringing to the table.”