Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide steady retirement income.

Annuities are not right for every client, advisors say. But when they are right, they can be the perfect financial planning solution. Here are some real-life stories that advisors say demonstrate the ...

An annuity offers a stream of cash flow and the safety that you won’t outlive your income during retirement. Annuities are a popular retirement strategy, and you can buy them from an insurance company ...

An annuity is an insurance product. It provides a long-term stream of income in exchange for an upfront premium. There are many types, including immediate, deferred, fixed, variable and indexed.

David Rodeck is a financial journalist based in New York City specializing in banking, investing and financial planning. Before writing full-time, David was a financial adviser and passed the Series 6 ...

If you are looking for additional ways to fund your retirement, you may find yourself considering an annuity. With an annuity, you can guarantee a set monthly payment for the rest of your life. But ...

An annuity is a contract between an individual and an insurance company in which the individual pays a lump sum or series of payments to the insurance company in return... An annuity is a contract ...

Choosing the right type of annuity payout depends on when you want payments to start, how long you want them to last and if you want a survivor’s benefit. Single-life annuities provide higher income ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And, for seniors already in their mid-70s, securing reliable monthly ...

If you want to update a cash-value life insurance policy or annuity, you may have heard of the 1035 exchange. This IRS provision, based on Section 1035(a)(3) of the IRS code, allows you to exchange ...

Annuities are contracts with insurance companies that can minimize risk, provide steady retirement income and reduce taxes — ...