Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide steady retirement income.

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 ...

An annuity is a financial product designed to provide a steady income stream during retirement. It is a contract between you and an insurance company, where you make a lump-sum payment or a series of ...

A fixed annuity is a long-term investment that provides a predictable income stream. Offered by insurance companies, banks and other financial institutions, it guarantees a fixed interest rate and ...

Adam B. Frankel is a personal finance writer and financial adviser with over 30 years of experience. When he’s not managing money in the stock market, he teaches financial topics and other core ...

Not all financial products are created — or regulated — equally. Stocks and mutual funds fall under federal securities laws, while savings accounts benefit from FDIC protection. But annuities? They’re ...

In a reversal of recent trends, LIMRA predicts a decline in fixed annuity sales and an increase in variable annuity sales in 2025. Fixed annuity sales typically track changes in interest rates, said ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And, thanks to today's higher interest rate environment, the timing ...

My advisor is recommending putting over 50% of my portfolio in annuities. What say you? – Georgia As with most personal finance decisions, a lot hinges on the specific details of your situation. Fifty ...

TOPEKA, Kan. (WIBW) - A big concern facing retirees is making sure their money lasts as long as they do. Carl Carlson, founder and CEO of Carlson Financial, visited Eye on NE Kansas to explain how ...

It’s no secret that financial stability and a steady income are essential when planning for retirement. This is where annuities can come in handy. However, one common downside to annuities’ liquidity ...