What is an annuity? Advisors run into that question a lot. Despite the fact that annuities have been around for years, many consumers just don’t get it. That lack of understanding gets in the way of ...

Annuities are a unique type of investment and the only one that can provide investors with a fixed income for the rest of their lives. Learn what annuities are and how they work. An annuity in finance ...

Many people have strong feelings about this financial product without even knowing the definition of what an annuity is. Wall Street is notorious for creating financial products that are difficult to ...

Qualified Longevity Annuity Contracts (QLACs) were first introduced in 2014 by the IRS and the Treasury Department as a way for people to use their Traditional IRAs (and some employer sponsored plans) ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

A few months back, a prospective financial planning client came into my office to get my help determining if she has built up enough wealth to retire comfortably. Let’s call her Frazzled Francine (not ...

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 ...

When it comes to saving for your retirement, you may have different options depending on where you’re employed. One of those options could be a tax-sheltered annuity (TSA). Here we’ll answer what ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But if you've started exploring your annuity options, you've likely run ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. A variable annuity is a way to get the stability of a ...

Source: Flickr user Simon Cunningham. Wall Street is notorious for creating financial products that are difficult to understand. One such product is the annuity, and even experienced investors often ...