A study published in the National Bureau of Economic Research found that knowledge of annuities, as opposed to general financial literacy, and the physical health of their client were important ...

When securing your financial future, especially during retirement, “annuity” often comes up. Yet, this financial product ...

NEW YORK, March 10, 2025 /PRNewswire/ -- TIAA is for the first time making its proprietary lifetime income annuities available to all Americans through the TIAA IRA. See table disclosures in ...

Fixed annuity A fixed annuity has a flat rate of return, regardless of what happens with the market or inflation. Fixed annuities offer peace of mind and few or no fees, though they usually don't ...

A strategic balance amounts to partial annuitization of retirement savings, where an annuity or annuities in a portfolio are accompanied by investments in an equal split between stocks and bonds ...

“Annuitization maximizes the income available to retirees,” he said. Overall, annuities maximize a steady flow of income, can reduce the strain on the remaining nonannuitized wealth, and ...

The reason to choose annuitization is for the payout to be a source of monthly income. Wealthy investors who use annuities as tax shelters will typically opt for other forms of distribution.

But it turned out that, years earlier, the client had purchased a $50,000 variable annuity with a living income benefit. The widow was entitled to 100% of the original $50,000 investment.

According to Warshawsky, annuities fill a critical role in retirement income planning as the decline of defined benefit plans pushes retirees toward defined contribution models and IRAs.

A strategic balance of annuities and systematic withdrawals, tailored to individual needs, preferences and market conditions, is the key to optimal retirement outcomes according to new research ...