A lot of retirees use annuities to simplify their income stream in retirement but that doesn't mean annuities are simple.

Annuities can be a good option for investors seeking steady income during retirement. To get started, it's important to learn ...

Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden costs, the right pension answer for you could come down to control.

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

Annuities are appealing to a lot of retirees and future retirees because they offer guaranteed lifetime income payments. If you have enough in savings to buy a $2 million annuity, you may be ...

you’ll also need to consider how to receive your annuity payments. You can receive a lump sum from your annuity, a life option that pays over your lifetime and, if you choose, a spouse ...

This could be your lucky day. You could be the next Mega Millions lottery jackpot winner. This jackpot was an estimated $77 ...

Choosing a fixed annuity guarantees an interest rate and a predictable payment schedule. This is considered the lowest-risk option in the annuity world, and insurance companies offering fixed ...

However, if they annuitize the contract, a portion of each annuity payment will be considered a tax-free return of principal. This is determined by calculating the exclusion ratio and could spread ...

Federal retirees are pouring hundreds of millions of dollars a year into an annuity offering at the Thrift Savings Plan.

The winner of Friday’s Mega Millions lottery drawing will receive an estimated $1.22 billion — the fifth-biggest jackpot in the game’s history — but only if they forgo the immediate lump-sum payment ...

A single-premium deferred annuity (SPDA) is an annuity established with one lump-sum payment to an insurance company. The assets in the annuity grow over time, during the accumulation phase.