Annuities
An annuity is an insurance contract where you, the purchaser, pay an insurance company to invest your money, allowing it to grow tax-deferred. In some instances, the annuity later provides a stream of income, which could cover a set length of time or be for life. Annuities can be complicated and they’re not for everyone. Before considering an annuity, there are some basics you should know, including what annuities are, what options they provide and how safe your money will be. Start with our beginner's guide: everything you should know about annuities then work your way through our other features and guides.
Latest
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Must-Know Annuity Terms and Glossary
Annuities don't have to be intimidating if you understand these key terms
By Donna Fuscaldo Published
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What's Better Than Investing in Crypto? These 'Boring' Picks
Cryptocurrency may be good for a thrill, but older investors are better off with assets like bonds, guaranteed annuities, CDs and maybe dividend-paying stocks.
By Ken Nuss Published
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Buying an Annuity? Avoid These Three Classic Mistakes
Annuities can be a sensible option for retirement, offering steady income in your later years. But these common traps can damage your investment.
By Jason “JB” Beckett Published
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Three Options for Retirees With an Old (Forgotten) Annuity
Did you buy an annuity in the 2000s? If it’s been out of sight and out of mind since then, it's time to dust it off and start making it pay for your retirement.
By Evan T. Beach, CFP®, AWMA® Published
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The Key to Choosing the Right Annuity: Do Your Homework
Here are some of the pros and cons of annuities, along with an explanation of the different types. Which might work for you?
By Robert Cannon, MBA, CFF®, AIFA® Published
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Four Questions That Keep Most Pre-Retirees Awake at Night
retirement If you worry about when you can retire, whether you'll have enough money, whether the money you do have will last… Well, you are not alone.
By Nicholas J. Toman, CFP® Last updated
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The Tax Rules to Consider Before Buying an Annuity
Annuities can play a valuable role in your retirement plan — as long as the tax implications have been properly factored in. Here's an outline of the key rules.
By Carlos Dias Jr., Wealth Adviser Published
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How Are Annuity Withdrawals Taxed?
annuities Annuities offer powerful tax advantages and have a few pitfalls (that are avoidable). Here's how to cut your taxes and avoid surprises.
By Ken Nuss Last updated
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16 Retirement Mistakes You Will Regret Forever
retirement From saving too little to claiming Social Security too early, there are plenty of ways that current and future retirees can sabotage their golden years.
By Bob Niedt Last updated
retirement