Insurance companies offer annuities to individuals looking to augment their income during their golden years. Those who enter into an annuity contract pay a certain amount of cash either in a lump sum ...

Variable annuities are in the midst of a major overhaul. In recent months, VA providers have been busy raising fees, decreasing benefits and, in some cases, suspending guaranteed income and withdrawal ...

Annuities can be a solid way to secure guaranteed income in retirement. However, they remain notoriously complex, particularly when it comes to comparing fees. Unlike ETFs or mutual funds, where fees ...

Annuities are often marketed as a secure way to earn a retirement income. But do they live up to their hype? One major concern for investors is the frequently hidden costs associated with these ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But as with most financial products, the headline promise isn't the full ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...