In the realm of personal finance, no word has been dragged through the mud more times than the A-word—Annuities. Yet annuities survive and even thrive. How they do is not a mystery. There is not an ...

Your article was successfully shared with the contacts you provided. Contingent annuities function in a very similar manner to products with guaranteed lifetime withdrawal benefit (GLWB), with the ...

There’s no denying it—annuities are hot right now. Following record-high sales in 2022, LIMRA reported total annuity sales through the third quarter of 2023 jumped 21% to $269.6 billion. Sales aren’t ...

Advisors have some work to do when it comes to explaining how much retirement income an annuity can provide as the vast majority of households have unrealistic expectations about how much in lump-sum ...

With the current environment of high interest rates and market volatility, some experts are saying that annuities can offer a form of protection — and that now is a great time to consider them. Rona ...

Annuities are a powerful retirement tool that often go overlooked because of their complexity and people’s misunderstandings about how they work, but they are a great way to protect your assets. An ...

Annuities are one way to secure a stream of income in retirement. You fund an annuity with a lump sum or a series of payments, and in return, a life insurance company promises to provide you with a ...

Not long ago, analysts at Cerulli Associates asked older 401(k) participants a seemingly routine question about retirement income expectations. The answers received were striking for their naiveté. As ...

Deferred variable annuities allow the investor to accumulate value in the annuity over time without paying taxes, unless they withdraw money during this phase. Immediate variable annuities require a ...

One of the biggest worries for retirees is outliving their money. Nobody wants to be stuck in late retirement without enough income to cover basic needs. Fortunately there’s a financial product that ...

Retirement income estimates vary considerably, but one thing is clear across the board: it’s essential for every individual to have a solid retirement strategy that includes enough savings and/or a ...