Retirees looking for income may find the most straightforward annuities attractive now, but there are caveats.

The average retired worker receives about $2,071 per month from Social Security in 2026, about $24,850 per year. 1 It often forms the basis of retirees’ income plans and may be the only income source ...

Annuities are financial products that give you a steady income stream when you retire. You can contribute to these insurance products with tax-free dollars and then pay taxes when you receive ...

CEO Ed Massaro guides Knighthead Life confidently into the U.S. annuity market with fresh tech, clean balance sheets and a long-term commitment to advisors.

Mega Millions winning numbers are in for the Friday, Jan. 30 drawing with a jackpot that reached an estimated $303 million ...

Vanguard has announced a new 401(k) fund that allows older employees to buy annuities. But are these complex financial products right for all retirees?

A six figure nest egg can feel substantial, but when you turn it into guaranteed income, the real question is how much shows ...

The billionaire and philanthropist has made a nearly $8 billion payment to the private foundation of his ex-wife, Melinda French Gates, tax filings show. By Andrew Ross Sorkin Bernhard Warner Sarah ...

A push by the annuities industry to make these products a default option in employer-sponsored retirement plans gained ground on Wednesday during a hearing in the U.S. House of Representatives.