Annuities spark plenty of debate between investors and financial advisors. These retirement savings vehicles are insurance products, and, like any other financial instrument, they have advantages and ...
Annuities are financial products typically provided by insurance companies to help individuals secure a steady income during retirement. They're designed to accept and grow your funds, then pay out a ...
Variable annuities can offer income in retirement and the potential for higher returns, but those perks come with trade-offs, including higher fees, limited liquidity and market risk. Before you ...
Annuities are a financial product commonly associated with retirement planning due to their ability to provide reliable payments over time. But lately, thanks in large part to their potentially higher ...
Although annuities are not for everyone, the assurance of guaranteed income in retirement and tax-deferred growth can be very attractive for certain people looking to invest their money. Meanwhile, ...
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 ...
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, ...
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 ...
Annuities promise money for life, but that guarantee may come at a steep cost. MarketWatch's Andrea Coombes talks with two financial planners about the good, the bad and the ugly of annuity products.