For annuities purchased with pre-tax dollars, all income—whether via annuitization or from withdrawals—is fully taxable as ordinary income. Variable Annuity Considerations ...

Annuitization is the process of converting an annuity investment into a series of periodic income payments. Annuities may be annuitized for a specific period or for the life of the annuitant .

Variable annuities often come with a death benefit, which pays out a designated amount to your beneficiaries if you pass away ...

A recent paper from the National Bureau of Economic Research explored a guaranteed payout path involving defaulting 20% of a ...

Annuitization Rates Are Inching Up, But What Will Take Them Higher? Although lifetime income is unique to annuities among financial products, this feature has not been widely utilized. In 2000 ...

When it comes to retirement planning, annuities don’t get the same attention as 401(k) plans. But that may be changing. According to Limra, at the end of 2022, annuity sales were up 22% from the ...

Q. Your article about variable annuities with a lifetime income guarantee was interesting. Could you explain in more detail the differences between this benefit and annuitization? A. I wrote about … ...

Continue reading → The post Annuitization vs. Lifetime Withdrawals for Annuities appeared first on SmartAsset Blog. One thing you'll have to decide is to annuitize payments or opt for lifetime ...

For retirees with $250,000 or more in savings, the researchers found better financial outcomes from combining systematic withdrawals from cash or other liquid investments alongside annuities ...

How annuities work. The insurance company that holds the annuity establishes a steady stream of payments to the buyer over a set period. In most cases, annuities are used as guaranteed regular ...

At its core, a variable annuity is designed to provide a steady stream of income during retirement. But these financial products are more complex, costlier and riskier than other types of ...