An annuity can provide predictable, guaranteed income in retirement. You can also use an annuity contract to schedule payments from a structured settlement or a large financial windfall, such as a ...

Explore immediate annuities, their types, benefits, and risks. Learn how they work and how they can provide payouts to ensure ...

A variable annuity is an insurance contract that invests in market-based subaccounts and grows tax-deferred. It may offer ...

Feb 16, 2009 (Vanguard/All Africa Global Media via COMTEX News Network) -- Insurance companies have before the advent of Pension Reform Act 2004, been offering annuity products in various forms to ...

An annuity is a financial product designed to provide a steady income stream, often during retirement. While annuities can serve as a reliable paycheck replacement, the way your annuity pays out is ...

If you participate in a pension plan through your workplace, you'll have to decide how you want to receive the payout when you retire. Pension plans typically offer two disbursement options: an ...

Annuities are built for the long haul, which means taking money out of the account isn't always straightforward.

An annuity is a contract between you and an insurance company where you’ll receive guaranteed income for a set period of time in exchange for monthly premiums or a lump sum investment. Annuities are ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Paul Katzeff is an award-winning journalist who has ...

Some annuities allow naming a contingent annuitant to receive payments after the primary dies. Designating a contingent often means lower initial payments than a single-life annuity. Choosing a ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. With more than six years' experience an editor, ...