Amid today's unusual economic environment, many retirees and near-retirees are shifting their retirement planning from growth to stability. With market instability becoming more common, inflation ...

If you’re retired or close to it, chances are you’re thinking about how to make your money last. An income annuity is one way to turn a chunk of savings into a guaranteed monthly paycheck. You hand ...

For many retirees, the biggest financial fear isn’t a market crash — it’s running out of money. One way to lock in predictable income for life — and avoid the nightmare of running out of money in ...

Jeanette Beebe is an experienced journalist, fact-checker, and audio producer covering personal finance, retirement, science, business, medicine, technology, and the arts. Her reporting has appeared ...

Evaluate if the Bharti Axa Life Swabhimaan Retirement Plan is the right choice for your retirement savings strategy.

Life insurance and annuities allow individuals to invest tax-deferred, but they pay policyholders differently. Learn how each works.

Salomon Smith Barney has changed its annuity payout policy, Registered Rep. has learned. The firm has decided to give reps 100 percent of what insurance companies pay in trails as gross compensation.

Salomon Smith Barney producers are mildly supportive of a bonus plan the firm instituted for annuity sales at the beginning of the year. Brokers can earn nonretroactive gross commission bonuses of 5% ...

The Powerball jackpot has climbed to an estimated $1.2 billion — the third-largest prize in the game's history — without a winner Monday night. Among the winner's big decisions will be the choice ...