There are many types of annuity contracts, featuring a wide range of different features and fees. Like immediate annuities, they all aim to help investors create their own retirement paycheck.

Insurance agents and others who sell them may tout the positive features and downplay the drawbacks, so make sure that you ask a lot of questions and carefully review the annuity plan first.

Other types of annuities, like variable annuities and indexed annuities, share certain features with a fixed annuity but may offer greater payouts—and greater risks. Many financial professionals ...

An annuity is a financial product that can provide a stream of guaranteed income in retirement. But buying an annuity isn’t always as straightforward as it seems. With different types, rates and ...

Find out how the annuity formula works and how to calculate present and future value. Get a simple breakdown of key concepts.

One in eight people intending to purchase an annuity would not consider switching their pension provider, even if they could ...

A newer type of annuity lets you insure for long-term care while still protecting and growing your assets. Our expert explains the important features you should know about when considering this ...

Do you want an annuity just for yourself or for a surviving spouse, too? Annuities can provide a lot of features and benefits, meaning they can fit the needs of many individuals, though extra ...

Annuities have seen major growth as more Americans look for ways to ensure they don't outlive their retirement savings: Total annuity sales hit a record $432.4 billion in 2024, according to the ...

The primary reason people are unwilling to shop around for an annuity regardless of potential additional income is trust in ...

AI, annuity options, stickier enrollment and more comprehensive advice are setting the new standards for workplace retirement ...

Total quarterly annuity sales exceeded $100 billion in all four quarters of 2024, marking the first time this milestone was ...