Talking Head: I am delighted the government is consulting about the possibility of allowing people to cash in their annuities. Many people purchased these products because they had no other choice, ...

Cashing out an annuity refers to the process of withdrawing the entirety of your funds from an annuity contract before the contract's term has ended. In contrast to regular annuity payments that offer ...

Pensions minister Steve Webb recently called for retirees to be able to cash in or swap annuity providers in much the same way homeowners can currently switch their mortgage rate. This is a natural ...

Planning for long-term care is one of the hardest financial puzzles families face. In New York, one woman laid it out in plain terms on an aging-care forum: Can my mother cash out her annuity to pay ...

Annuities are an ideal option for investors seeking regular income in retirement. They pay out a fixed stream of payments on a monthly or annual basis that you can never outlive. Here’s how much you’d ...

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 ...