Annuities can help secure financial stability in retirement. Annuities can be passed to beneficiaries, allowing you to pass them to the people or charities you care about. These vehicles can be ...

When deciding how to receive your pension benefits, you face a choice between a lump sum and an annuity. Each option carries distinct tax implications that can affect your financial situation. A lump ...

Planning for your financial future can feel like navigating a maze. After all, it’s easy to feel overwhelmed by the many investment options available. However, a significant decision many investors ...

For starters, you will pay fees and may sacrifice higher returns for an annuity’s stability and guarantees. Here's what else you need to know in order to make an informed decision.

While most Americans are feeling the pinch caused by ongoing economic uncertainties, perhaps no group feels its impact as strongly as seniors, especially those on a fixed budget. Despite easing ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...

Sales of annuities have been booming in recent years. According to InsuranceNewsNet, "in the first nine months of 2024, total annuity sales increased 23% [year over year] to $331.2 billion and are on ...

Retirement should be a time for relaxation, travel, and pursuing your passions. However, a nagging concern haunts many: they fear they will outlive their savings. After all, as lifespans increase, the ...

As annuity sales continue to climb across the industry, new research suggests financial professionals are finding an added benefit in the products beyond income guarantees and downside protection: ...

Retirees face many challenges when it comes to managing investment risk. Balancing the need to preserve savings while still seeking growth in a volatile market can be daunting. In my career as a ...

Unlike their parents, baby boomers can't count on employer-sponsored pensions to support upon retirement. Boomers will have to come up with another way to ensure financial security. With 76 million ...