Understanding the nuances of how each product works is essential to determining whether they’re right for your financial goals — or how they might even work together. But comparing the ins and outs of ...

If you're nearing retirement and thinking about turning your savings into guaranteed monthly income, a $250,000 annuity might seem like a smart move. An annuity is a financial contract you buy from an ...

Annuities can guarantee you lifetime income, but they have their drawbacks. Ramsey isn’t a fan of their high fees and commissions. A fixed annuity may also do a poor job of keeping up with inflation.

The two main factors that affect the value of your federal retirement benefit are your high-three average salary and your ...

Retirement today looks very different from what it did even one generation ago. Longer lifespans, unpredictable markets and rising costs for essentials such as health care have forced many retirees to ...

Keep in mind that converting non-retirement capital into an RA without tax benefits can result in a high marginal tax rate.

Retirement means making a lot of choices. Sometimes, those choices are pure fun, like the first places you’ll visit on your “bucket list” vacation tour. Often, though, your choices are more ...