If you're nearing retirement and thinking about turning your savings into guaranteed monthly income, a $250,000 annuity might seem like a smart move. An annuity is a financial contract you buy from an ...

A fixed annuity is a contract between an individual and an insurance company. It is designed to provide a guaranteed stream of income over a specific period, typically during retirement. The core ...

Those new to the finance world and looking into retirement may be overwhelmed with all the new terms and information out there. In this article, we give you a Fixed Annuity 101 Guide to help you ...

An annuity is a contract made between an insurance company and an investor. In exchange for premium payments from the investor, the insurance company agrees to pay a certain amount of money in the ...

As you look toward retirement, you may consider different strategies to ensure a steady stream of income. Annuities are one way to accomplish that goal. These financial products usually require you to ...

What is a fixed annuity? An annuity is an agreement with an insurance company where you make either a single payment or multiple payments. In return, the company promises to provide you with a steady ...

Learn how to turn your retirement savings into dependable income. Financial experts explain the pros, cons and tax rules of ...

With the joint-life option on a lifetime annuity, payments will continue as long as one spouse is alive. Monthly income is $1,143.76, of which $476.95 is taxable and $666.81 is nontaxable. After 25 ...

As we move through 2022, and given the economic uncertainty they face, aging consumers are becoming more familiar with the great intrinsic value of fixed annuity products (e.g., tax deferral, ...

The hot streak in fixed annuity sales kept going in the first quarter of 2023. According to Limra’s Individual Annuity Sales Survey, total fixed annuity sales surged 101% to $70.9 billion in the first ...