However, pensions expert Helen Morrissey is urging those reaching retirement age this year to plan ahead to ensure they maximise their income in later life and know exactly how much money to expect.

Although a qualified longevity annuity contract (QLAC ... s a good strategy for you depends on if you normally give to charity, as well as your intended use of the money. A financial advisor ...

Here is my question, which uses hypothetical values for simplicity: My RMD for 2024 is $10,000. Can I avoid paying the IRS the tax on that $10,000 this year by investing the full $10,000 RMD or the ...

As the developers of investment products keep coming up with more and more diverse ideas, the correlations between underlying markets are getting closer. Alpha is getting harder to find particularly ...

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 ...

Salt Financial looks back on 2024 at the performance metrics on indices linked to FIAs, RILAs, and other annuity products. January 28, 2025 Annuity sales did not stop setting records in 2024.

The fees can be substantially higher, depending on the type of annuity. The choice of insurance provider also entails risk (annuities are sold by insurance companies, and some insurance companies ...

What is an annuity rate? Buying an annuity involves converting your retirement savings into a guaranteed income. Annuity rates determine how much income you'll get. For example, if you have a pension ...

"When you think about retirees of the past, many had pension plans from their employers and, through that, a guaranteed income stream," Elle Switzer, director of annuity product management with ...

The odds are against you, but if you’ve had the good fortune to strike it rich, will the tax man come knocking?