Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across various platforms. Chip Stapleton is a Series 7 and Series 66 license ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. With more than six years' experience an editor ...

Immediate annuities (sometimes called income or payout annuities), are pretty straightforward - basically a mirror image of a life insurance policy. Instead of paying regular premiums to an ...

Annuities are financial products that can serve as reliable sources of retirement income. Financial advisors frequently debate the pros and cons of annuities, but many retirement savers appreciate ...

EDITOR'S NOTE: This article was originally published in the March 2011 issue of Kiplinger's Retirement Report. To subscribe, click here. The biggest financial challenge at retirement is to shift ...

The decision of whether to take a lump sum or an annuity from your pension can be overwhelming. It’s a choice that significantly impacts your financial future, and there’s no one-size-fits-all ...

It's a common lament that old-fashioned defined-benefit pensions—the kind that pay a guaranteed monthly income for life—are rare nowadays. And for public-sector employees, they might become ...

For the past seven years, Kat has been helping people make the best financial decisions for their unique situations, whether they're looking for the right insurance policies or trying to pay down ...

Some annuities will continue to pay a spouse or other beneficiary Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor.

A $750,000 annuity can generate income without risking the principal. Different annuity types, including guaranteed income annuities, act as a shield against market volatility and an insurance ...