There’s a reason older Americans are advised to think carefully before signing up for Social Security. For many people, those ...

When saving for retirement, it’s common to have overlapping goals. Most of us want to save enough to generate a comfortable monthly income, avoid outliving our savings and leave something for our ...

(Dow Jones) A new variable annuity will allow investors to build their portfolio by choosing subaccounts that invest in an increasingly popular class of investments: exchange-traded funds. The ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Marguerita is a Certified Financial Planner (CFP), Chartered ...

There’s a reason so many retirees appreciate having Social Security. Those benefits not only provide steady, reliable income, ...

This post continues my series about using IRAs, 401k plans, and other retirement savings to generate a lifetime monthly paycheck. I've previously written about immediate annuities as one way to ...

With this clause you can exchange an annuity without paying income tax George Lambert has spent 30+ years in the financial industry; his roles include CFP, certified divorce financial analyst, and ...

Immediate annuities have payments that begin with 12 months of purchase. They are typically purchased with a lump sum.

While I discussed a variety of ways that insurance companies manage the risks around supporting lifetime income guarantees, fees are the headline mechanism for managing the guarantee risk. Fees can be ...