Insurance companies offer annuities to individuals looking to augment their income during their golden years. Those who enter into an annuity contract pay a certain amount of cash either in a lump sum ...

At first glance, annuities may seem like the Swiss Army knife of retirement planning — abounding in helpful features. While they can’t help you open a can in the Alps, they can help provide guaranteed ...

Annuities are often marketed as a secure way to earn a retirement income. But do they live up to their hype? One major concern for investors is the frequently hidden costs associated with these ...

Variable annuities can offer income in retirement and the potential for higher returns, but those perks come with trade-offs, including higher fees, limited liquidity and market risk. Before you ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But as with most financial products, the headline promise isn't the full ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. When it comes to retirement planning, annuities are one of the financial ...

Annuities provide a guaranteed monthly income for life, making them an increasingly popular strategy for Americans worried about outliving their savings in retirement. Total U.S. annuity sales reached ...

Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products, and ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...