But the term pension annuity can refer to something else, too. You might be able to use part or all of your lump-sum pension ...

An annuity can provide a steady and reliable stream of income in your retirement years. The three common types have varying ...

An annuity offers you a steady income stream during retirement, but it's important to understand how it works before purchasing one. Getty Images ...

An annuity can be the right purchase at various points in your financial life. For some individuals, it makes more sense to invest in lower-fee, higher-return investments such as stock index funds ...

Generally, there are two different ways to purchase annuities. One option is an immediate payment annuity, which is purchased with a lump-sum payment. As the name explains, ...

Thinking about a $300,000 annuity? Here's how much monthly retirement income you could get if you open it at age 65.

An annuity is an insurance contract that exchanges present contributions for future income payments. Sold by financial services companies, annuities can help reinforce your plan for retirement ...

In addition to guaranteed lifetime income, some clients purchase annuities to give them downsize protection. ... it's at least a 40 or 50-page contract you are signing with the insurance company.

Access to their money and ability to annuitize were the biggest reasons annuity buyers cited for buying their annuities – even more than interest rates and far more than fees, according to a ...

Hueler: This is a great question we struggle with a lot, because in fairness, people have the right to be very skeptical about annuities given how they’re packaged and sold in the retail space ...

With a fixed annuity contract, ... While annuities are insured in other ways, make sure only to purchase annuities from well-reviewed and financed companies that have a low likelihood of folding.