A deferred annuity is a long-term investment that grows tax-deferred and provides income in retirement. Interest earnings accumulate without immediate taxes, allowing savings to grow. Taxes are ...

An annuity is an insurance product that pays out income, and can be used as part of a retirement strategy. Annuities are a popular choice for investors who want to receive a steady income stream ...

Sales of annuities have been booming in recent years. According to InsuranceNewsNet, "in the first nine months of 2024, total annuity sales increased 23% [year over year] to $331.2 billion and are ...

Although annuities offer guaranteed income, they’re not for everyone. There are risks associated with annuities you should know about. Given where savings accounts rates are at today ...

Annuities are a financial product commonly associated with retirement planning due to their ability to provide reliable payments over time. But lately, thanks in large part to their potentially ...

Typically you should consider an annuity only after you have maxed out other tax-advantaged retirement investment vehicles, such as 401(k) plans and IRAs. If you have additional money to set aside ...

"When you think about retirees of the past, many had pension plans from their employers and, through that, a guaranteed income stream," Elle Switzer, director of annuity product management with ...

After years in the doldrums annuities are taking centre stage once more with recent industry data showing sales had soared to a 10-year high. It’s a dramatic return to favour for a market that has ...

A financial advisor can help you identify, quantify and analyze the influence of the major elements of a lump sum or annuity decision. Lump sums can be attractive because you can invest the money ...

It's not surprising, then, that annuities that offer downside protection and guaranteed returns have become more popular than those offering high growth potential. Sign up for stock news with our ...