Jan 3, 2022
Fixed-rate annuities act much like bank certificates of deposit (CDs) but usually pay much higher rates than CDs of the same term. How can insurers afford to do that?
Nov 5, 2021
Most people worry about running out of money in retirement. In response, Charles Schwab launched the Schwab Intelligent Income annuity in 2020. This article examines that choice versus a traditional immediate annuity.
Sep 28, 2021
An income annuity can convert your savings or a pension-plan lump sum into a lifetime stream of income .so you don't need to worry about running out of money if you live to a ripe old age.
Sep 21, 2021
When you're planning your retirement, consider your need for cash flow. If your cash flow isn't right, the rest of your investment strategy will become unstable. Income annuities can hedge some of that risk.
Aug 26, 2021
How can you decide if an annuity is right for you? And if it is, what type(s) make the most sense? Here are some questions to ask yourself and guidelines.
Jul 19, 2021
If you've saved up a lot of money in an annuity, you're in a fine position for a financially secure retirement. Once you are retired, what's the best way to get your money out of your annuity? All cash-value-type annuities, whether fixed-rate, fixed-indexed or variable, are...
May 18, 2021
What happens to a retired couple's Social Security benefits when a spouse dies? Often there is a substantial loss of income - a problem that has gotten surprisingly little attention.The surviving spouse will get either the survivor benefit or his or her own retirement...
Apr 9, 2021
If you're considering buying a fixed-rate annuity, which acts much like a tax-deferred version of a bank CD, should you wait until rates move higher?Probably not.First, it's impossible to know when or if annuity rates will move up. The rate you get today may be as good as...