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 ...

Annuities are a way to secure a steady income stream in retirement. But like many investments — including bonds, savings accounts and certificates of deposit — certain types of annuities are impacted ...

A variable annuity, which ties returns to market performance, introduces more risk and reward. Historical averages suggest ...

Annuities are often purchased to help secure a reliable stream of income in retirement. Life insurance companies are the primary provider of annuities. Each company on our list offers a variety of ...

A fixed annuity provides a guaranteed income stream. Payouts can be immediate or deferred. Drawbacks include limited upside. Annuities can help ensure your retirement savings last your entire life.

Most of us have heard of annuities, but few understand how they work. Annuities can be a powerful addition to a retirement plan. In short, they can protect your savings while also providing you with ...

Annuities have a bad reputation due to their complexity, lack of transparency, and limited flexibility. However, for retirees focused on maximizing their spending in retirement, the simplest annuities ...

Choosing how to ensure financial stability and security in your later years is one of the most important decisions you can make when planning for retirement. An annuity, however, can be essential in ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. That's why retirees are exploring guaranteed retirement income solutions ...

Annuities can be a valuable tool for retirement income planning, but determining the best time to buy one requires careful consideration. If you buy one too soon, you’ll lock up your money for years ...