You may think saving for retirement is as simple as throwing a few bucks into your 401(k) every paycheck. However, accounting for retirement’s complexities and costs goes beyond piling up money in an ...

An annuity is a financial product you purchase from an insurance company with a lump sum or a series of payments. After you pay the contract in full, you start receiving payments from the insurance ...

The rate of return on an annuity is a crucial aspect to consider when evaluating the suitability of this retirement investment. Annuities offer different types of returns, depending on the specific ...

Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts. ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers ...

Annuities can manage one’s funds in order to receive fixed income amounts for an extended period of time, which can be ideal for retirees and people who are uninterested or too intimidated to directly ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Investopedia / Hilary Allison The present ...

If you purchased an annuity but later decide that it no longer fits your financial plan, you may be wondering what you can do with it. You could surrender it or cash it out but that could trigger fees ...