An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of variables ...

Rolling your 401 (k) into an annuity might sound like a safe, conservative move, but it can be risky if you don’t think it ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

An annuity is a contract issued by an insurance company that pays a stream of income for a specified period or, often, for the remaining life of the contract holder. Insurance agents and registered ...