When considering where to put your money for retirement, you may have to choose between an IRA and an annuity. These ...

When you buy an annuity, you give an insurance company, bank, fintech or brokerage firm a lump sum or series of regular payments. In return, you get a guaranteed monthly income. Some annuities ...

They are commonly associated with retirement planning due to their ability to provide reliable payments over time ...

But are they? Often, the answer is no. Riders are optional add-ons that annuity buyers can choose, usually at an extra cost. Two popular types of variable annuity living benefit riders ...

The commission paid on a $1 million annuity depends on the type of annuity and the agreement between the insurance company ...

But are they? Often, the answer is no. Riders are optional add-ons that annuity buyers can choose, usually at an extra cost. Two popular types of variable annuity living benefit riders ...

In doing so, income annuities essentially buy time between ages 62 and ages 67 to 70 by providing cash until Social Security payments eventually kick in. Before investing in income annuities ...

For variable annuities, the payout depends on the performance of underlying investments, which can fluctuate depending on market conditions. When you buy an annuity, you select how often you want ...

It’s possible to claim early and reinvest for better returns, but it requires significant risk, David Blanchett finds.

Just because rates are fairly good right now, that doesn’t necessarily mean an annuity is the right retirement strategy for you. Using your pension pot to buy an annuity is an irreversible ...

As the organizer of the annuity party, the insurance company absorbs some of the risks as well. When we buy an annuity, we are transferring the risk of investing on our own to the insurance company.