Winning the lottery is a dream come true for many, but deciding how to receive those winnings can be a real head-scratcher.

Athene is a leading provider of retirement savings plans and the country’s largest annuities company, with more than $28 ...

When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an ...

Annuities let you convert your savings into steady monthly payments that can last your lifetime, but come with high fees and ...

Definition: Joint and survivor annuity (joint annuity) plans are insurance plans which are made for two annuitants wherein regular payments are provided till the death of both the beneficiaries.

“The best way to get participants to allocate to an annuity more generally is to include it in the default investment; however, this doesn’t necessarily mean the participants will activate the ...

Taking this option will mean that a subscriber will get annuity for his life and on his death, the same annuity will be payable to his spouse for her lifetime. When the spouse also dies ...

So what do they mean? Within the last decade, people have spent more time in front of screens than ever before. Using computers at school and offices to then come home and relax in front of the ...

Regarding retirement planning, an annuity can feel like a comforting safety net. You trade a chunk of your savings – say $250,000 – for a steady income stream, often for the rest of your life.

However, a major risk with a living annuity is drawing too much, which could mean that your income will reduce drastically before you pass away. You, as the investor, carry this “income ...

So what is an annuity? Annuities are insurance company ... Their main function is to remove longevity risk for retirees, meaning they don’t have to worry about outliving their savings.