However, the decision to exchange your annuity should not be taken lightly and may even have financial consequences. Unfortunately, it’s not as simple as cashing out and moving on to another savings ...

Combining annuities with IRAs or 401(k)s can be powerful. But people often don’t even consider the combination because of ...

Annuities can be a useful, albeit expensive financial tool to manage retirement income if one cannot or is reluctant to manage their own funds.

By Brad Rhodes The nearer you are to retirement, the more pressure you are under to make sure you have a reliable and steady source of income for the remainder of your lifetime. Social Security and ...

In recent years, a wave of retiring baby boomers and high interest rates have helped fuel record-breaking sales in the annuity market. From 2022 to 2024, annuity sales topped $1.1 trillion ...

No-frills fixed annuities with a three-year guaranteed interest rate — akin to a certificate of deposit (CD) — are offering up to 5.85 percent in January 2025, compared to the top three-year ...

Protecting your money is as important as growing it. That doesn't sound particularly exciting, but for investors approaching retirement, capital preservation becomes increasingly important.

After years of hard work, retirees deserve financial security -- but staying ahead requires strategic money moves. Be Aware: ...

This makes CDs a safe alternative and gives you an exact idea of how much you will earn, similar to some annuity types, and the interest rates may even exceed fixed annuity payouts. As mentioned ...