While an annuity provides a steady income stream, you may get a lower return than you would with other investments. Also, it ...

Here’s what you need to know about two terms related to annuities — present value and future value. Present value of an annuity vs. future value of an annuity: What’s the di ...

If you're 10 years away from retirement, you still can save like a pro by focusing on planning and choosing income-producing ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Retirement annuities can be a secure way to make sure you don’t outlive your assets. But be careful of the drawbacks, such as high fees.