The higher value of premiums has gone alongside a rise in over-70s buying a regular income with annuities, the Association of ...
At the end of November, Professional Pensions assembled a panel of experts to look at how schemes should be approaching bulk ...
Retirees looking for income may find the most straightforward annuities attractive now, but there are caveats.
Annuities can guarantee you lifetime income, but they have their drawbacks. Ramsey isn’t a fan of their high fees and commissions. A fixed annuity may also do a poor job of keeping up with inflation.
Vanguard Group plans to start letting workers buy an annuity within a new 401(k) target-date fund. The nation’s largest target-date fund provider will make the fund available to employers starting ...
When you buy an annuity, you are basically doing one thing: turning a lump sum of money into a regular income. That income can be monthly, quarterly or yearly, and in many cases, it lasts for the rest ...
Total US annuity sales reached $119.3 billion in the third quarter of 2025, according to new data from LIMRA, marking the eighth straight quarter that sales have surpassed $100 billion. The latest ...
An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment. However, ...
If you’ve ever wondered what is an annuity and whether it belongs in your retirement plan, here’s the short answer: It’s a financial product, usually sold by insurance companies, that turns your money ...
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 ...
Asset managers are using a new strategy to help investors manage their retirement spending: target-date funds featuring annuities. Since the introduction of defined-contribution plans in the 1980s, ...