Are you torn between an annuity and a certificate of deposit (CD)? Both options are a safe way to grow your money and earn a guaranteed return. However, there are key differences between the two to be ...

An annuity is a financial product designed to provide a guaranteed stream of income to an individual during retirement. The annuity is typically purchased with a lump sum of money and is designed to ...

When it comes to retirement planning, more Americans are turning to annuities as a way to lock in guaranteed income. Total annuity sales hit a record $385 billion in 2023, jumping 23% from the ...

The retirement planning landscape has shifted dramatically over the past decade. With traditional pensions becoming increasingly rare and Social Security facing long-term funding challenges, Americans ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

Immediate annuities and deferred annuities are two types of financial products that allow individuals to save or begin retirement or other long-term goals. In return, the insurance company agrees to ...

The nearer you are to retirement, the more pressure you are under to make sure you have a reliable and steady source of income for the remainder of your lifetime. Social Security and pensions are part ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...

Ashley Donohoe is a personal finance writer, Financial Planning and Wealth Management Professional and Certified Financial Education Instructor based in Cincinnati. She covers banking, loans, ...

This is a unique scenario in which the Redditor assumes his employer was setting up an annuity plan he did not want. The confusion stems from the employer setting up a website applicable to employees ...

Are you employed by an educational institution, church, or nonprofit? If so, there’s a retirement savings program authorized by section 403(b) of the Internal Revenue Code that allows eligible ...