We compared annuity companies based on their external ratings, minimum investment, product offerings, licensure, complaints, ...

Mega Millions winning numbers are in for the Tuesday, June 9 drawing with an estimated jackpot of $X million ($X million cash option). Check out the results and what to know befor ...

As income annuities guarantee payments for a defined period of time – what the insurance industry calls “period-certain ...

Once you actually start making withdrawals, it is your benefit base, multiplied by your guaranteed withdrawal rate, which determines how much money you receive. And that, of course, is the number that ...

When Robert began preparing for retirement at age 64, he faced an important decision. Like many retirees with traditional ...

Medicaid becomes a critical resource, but qualifying for benefits requires navigating strict limits on assets and income. For financial professionals, this creates both a challenge and an opportunity, ...

Claiming Social Security before your full retirement age can stunt your monthly payouts for the rest of your life. For people born in 1960 or later, full retirement age is 67, though you can claim ...

That anxiety reflects a broader shift in retirement planning, in which rising health care costs, longer life expectancies, ...

A 75-year-old widow with $1.8 million in savings, no children, and a desire to support her alma mater faces a challenge ...

They can be a secure way to avoid outliving assets—but watch out for fees Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly ...

As demand for guaranteed lifetime income grows, MetLife today introduced a new liquidity feature for its immediate income annuity, the MetLife Guaranteed Income Program (MGIP). This innovative design ...

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