Annuities can be a solid tool for generating guaranteed income in retirement, but they’re not for everyone. Despite promises of financial peace of mind, annuities come with some big trade-offs.

Annuities and target date funds are popular assets for households who are either saving for retirement or already in their ...

Annuities are a popular retirement strategy, and you can buy them from an insurance company with a variety of features, depending on your specific financial needs and goals. Here’s how to purchase an ...

Investing in a $400,000 annuity can provide a steady income stream in retirement, but how much you'll receive depends on various factors. Here's a comprehensive breakdown of what you can expect and ...

Some people chase stock gains. Others just want to know the bills will get paid. If you've got $100,000 and wonder what kind ...

With rising costs and questions surrounding the sustainability of the Social Security program, more are questioning whether to buy an annuity alongside Social Security. An annuity and Social Security ...

Annuities are a popular option for individuals looking to secure a stable income in retirement. By providing regular payments over a specified period, annuities offer peace of mind and financial ...

An immediate annuity is an insurance product that provides guaranteed income: You give an insurer a chunk of money, and the company gives you a stream of payments that can last for life. The payments ...

Don’t need to be sold; they are looking to buy. More annuity buyers, particularly younger ones, are initiating sales. Nearly half, or 47 percent, of traditional fixed annuity buyers initiated the sale ...

What now for annuities? The new pension freedoms mean the days of automatic annuity purchase for defined contribution plans are over. People can take their 25 per cent tax-free cash and leave the ...