A variable annuity is an insurance contract that invests in market-based subaccounts and grows tax-deferred. It may offer features like lifetime income guarantees or death benefits. These features ...

While most Americans are feeling the pinch caused by ongoing economic uncertainties, perhaps no group feels its impact as strongly as seniors, especially those on a fixed budget. Despite easing ...

Retirement researchers are often enthusiastic about annuities, but many consumers are reasonably skeptical. Here to discuss basic information about annuities and their pros and cons is Christine Benz, ...

A group annuity is a retirement savings contract typically offered through an employer that pools contributions from multiple participants to provide guaranteed income in retirement. Unlike individual ...

From time to time — not often enough for me — financial products come out that actually fill a need. I'll discuss a couple today, and more in future columns. While I find these products newsworthy, ...

She emphasized that such recommendations are often driven by sales commissions rather than the investor's best interests. In fact, she noted that a $50,000 indexed annuity would likely yield Betty's ...

The pitch: Make your savings last as long as you do. How they work: In exchange for a lump sum, an insurance company agrees to give you a monthly check for the rest of your life or for a specified ...