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

An immediate annuity is an investment that begins paying out distributions the same year you deposited funds. Withdrawals can begin as soon as one month after you make your initial payment. Immediate ...

An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of variables ...

Annuities can be a good option for investors seeking steady income during retirement. To get started, it's important to learn some basic annuity terms. These 12 key terms will help you understand how ...

Annuities get a bad rap because many annuity products that are sold aggressively are complex and loaded with fees. However, you have a key advantage over insurance companies that sell plain-vanilla ...

As economic uncertainty looms, more seniors and soon-to-be retirees find themselves searching for ways to ensure that their savings will last throughout their retirement years. With inflation showing ...

David Rodeck is a financial journalist based in New York City specializing in banking, investing and financial planning. Before writing full-time, David was a financial adviser and passed the Series 6 ...