Discover what annuity in advance means, how it functions, and see examples like rent payments that illustrate this type of regular, upfront payment.

Financial questions can feel overwhelming, especially when they involve complex topics like annuities. While many people have ...

Retirement savers hear constantly that guaranteed income is priceless, yet few topics divide experts more sharply than ...

Choosing an NPS annuity is really a choice between higher monthly income today and how much protection you want to leave for ...

Investing in a $400,000 annuity can provide a steady income stream in retirement, but how much you'll receive depends on various factors. Here's a comprehensive breakdown of what you can expect and ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

If you're nearing retirement right now, you're likely weighing options for turning your savings into reliable retirement income. The market has, after all, been anything but predictable recently, so ...

The idea of running out of money at some point in life can be scary. But as good a job as you might do of saving for retirement, there’s unfortunately no guarantee that your nest egg will last as long ...

Social Security provides a crucial financial safety net for the millions of Americans in retirement each year. But the average monthly Social Security benefit currently hovers near $2,000, and while ...

A Massachusetts judge rejected Jeffrey Cutter’s bid to reverse his guilty verdict on improper annuity sales. In her Dec. 23 order, Judge Denise J. Casper also denied Cutter’s request for a new trial.

At the state level, Arkansas taxes lottery winnings as ordinary income. With the state’s top marginal income tax rate at 3.9% ...