The Department of Labor has joined retirees of Southern Company Services Inc., asking a federal appeals court to overturn a ...

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

One of the first mistakes consumers can make when purchasing an annuity is purchasing one that doesn’t fit with their overall retirement plan. Annuities are insurance contracts issued and guaranteed ...

Those wanting only single annuity for life without return of purchase price ... The Reserve Bank of India (RBI) had paused rate increases almost 20 months ago, after hiking the repo by 250 basis ...

The rate is determined by the insurance company ... You could also use your $50,000 to buy a single-life annuity with 20 years certain. You receive the income for life, but if you die in the ...

American International, Prudential Financial, The Hartford Financial, Radian and CNO Financial have been highlighted in this ...

Sales have reached record-breaking heights of £2bn so far this year - and are expected to increase in the new year ...

Buying an inflation-linked five-year guaranteed single-life annuity with the R5.2 million; and Taking R500 000 as a lump sum and using R400 000 to buy a living annuity at the lowest drawdown of 2.5%.

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

Despite negative publicity, indexed life and annuity sales are doing quite well with consumers, Wink, Inc. reports.

Research finds that the guaranteed income provided by annuities is linked to greater life satisfaction among retirees ...