Please put “Fix My Portfolio” in the subject line. I just invested $200,000 in a single premium annuity which will pay me ...

Annuities are a popular financial product that can provide tax-deferred growth and guaranteed income. However, as Suze Orman ...

The standard death benefit is initially set at the amount invested. It resets according to the contract and only decreases if the contract owner takes a distribution.

Another pro is that since your grandchild will receive a check from you every month or year, you’ll be remembered fondly. If you choose annual payments, you might have the annuity check arrive ...

When considering where to put your money for retirement, you may have to choose between an IRA and an annuity. These ...

SPDAs receive no such guarantee. This is why it's vital to check the financial strength of the life insurance company that holds your annuity contract. You can check credit rating agencies like ...

An annuity is a contract you make with an insurance ... Why Retirement Goals, Like New Year's Resolutions, Often Fail Check out these practical strategies for creating the habits that can help ...

Annuities have seen record sales in recent years as Americans look for ways to ensure they don't outlive their retirement savings: Total annuity sales hit a record $385.4 billion in 2023 ...

If the insurer goes bankrupt, your state's guaranty association should cover at least $250,000 of your annuity benefits. Check with your state for the rules that apply to you. Skeptics argue that ...

Annuity providers use your postcode to help calculate life expectancy. If you live in an area with a lower-than-average life expectancy, you may be offered a slightly higher rate. Check your annuity ...

The same would go if you died first, because your husband would take over your Social Security benefit, and the annuity income would replace his monthly check. In this scenario, you'd be grateful ...