An annuity is an insurance product. It provides a long-term stream of income in exchange for an upfront premium. There are many types, including immediate, deferred, fixed, variable and indexed.

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 ...

The volatile markets of the past few years have compelled many investors to alter their asset allocations and replace equity positions with Treasury bills or other safer, short-term investments. If ...

Any annuity will combine three of the above characteristics. For example, it may be bought with a single premium, invested in fixed-rate instruments and tax deferred. ("Qualified" annuities, used in ...

The purpose of annuities is to create a guaranteed fixed income stream, either now or in the future, as part of your investment portfolio. While many older investors use annuities to create a ...

Adam B. Frankel is a personal finance writer and financial adviser with over 30 years of experience. When he’s not managing money in the stock market, he teaches financial topics and other core ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

Strategic Choice Annuity 7 from The Standard offers a dynamic strategy to accumulate growth PORTLAND, Ore.--(BUSINESS WIRE)-- A new single premium deferred index annuity with returns based upon the ...

Total U.S. single premium buy-out sales were $48.3 billion in 2022, up 42% from 2021 results, according to LIMRA’s U.S. Group Annuity Risk Transfer Sales Survey. This marks the highest annual sales ...

An annuity is a complex investment product, and there are almost as many opinions on annuities as there are types of annuities — and that’s a lot! While the amount of monthly income you could get from ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Ben is the former Retirement and Investing Editor ...