What is an annuity, anyway? The National Council on Aging describes annuities as “investment options that can provide a guaranteed income for an individual or their spouse throughout their retirement.

For many retirees, the biggest financial fear isn’t a market crash — it’s running out of money. One way to lock in predictable income for life — and avoid the nightmare of running out of money in ...

Retirement planning in 2025 looks a lot different than it did even a few years ago. Between persistent (but cooler) inflation, increased stock market volatility and high borrowing costs, many ...

Other than Social Security, what's the best source of monthly income in retirement? Here's what annuities can do. Got a question about investing, how it fits into your overall financial plan and what ...

If you’re retired or close to it, chances are you’re thinking about how to make your money last. An income annuity is one way to turn a chunk of savings into a guaranteed monthly paycheck. You hand ...

A new study titled “How Much Do People Value Annuities and Their Added Features?” from the Center for Retirement Research at ...

Immediate annuities have payments that begin with 12 months of purchase. They are typically purchased with a lump sum.

Receiving regular pension checks throughout retirement is a dream most Americans have long given up on. There will likely be Social Security checks, but those generally can't fund a very comfortable ...

Annuities are often popular with retirees and those looking to retire because of the steady income stream they can provide. But annuities tend to come with high costs and commissions for salespeople, ...

Salomon Smith Barney has changed its annuity payout policy, Registered Rep. has learned. The firm has decided to give reps 100 percent of what insurance companies pay in trails as gross compensation.

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 ...