Annuities can help secure financial stability in retirement. Annuities can be passed to beneficiaries, allowing you to pass them to the people or charities you care about. These vehicles can be ...

Anyone choosing a 401(k) must do so knowing the volatility risks of the market. Going with an annuity means guaranteed income after retirement. Both annuities and 401(k) accounts have pros and cons.

Are you torn between an annuity and a certificate of deposit (CD)? Both options are a safe way to grow your money and earn a guaranteed return. However, there are key differences between the two to be ...

While most Americans are feeling the pinch caused by ongoing economic uncertainties, perhaps no group feels its impact as strongly as seniors, especially those on a fixed budget. Despite easing ...

If you're nearing retirement and thinking about turning your savings into guaranteed monthly income, a $250,000 annuity might seem like a smart move. An annuity is a financial contract you buy from an ...

Regarding retirement planning, an annuity can feel like a comforting safety net. You trade a chunk of your savings – say $250,000 – for a steady income stream, often for the rest of your life. But how ...

David Rodeck is a financial journalist based in New York City specializing in banking, investing and financial planning. Before writing full-time, David was a financial adviser and passed the Series 6 ...

Unlike their parents, baby boomers can't count on employer-sponsored pensions to support upon retirement. Boomers will have to come up with another way to ensure financial security. With 76 million ...