If you're nearing retirement right now, you're likely weighing options for turning your savings into reliable retirement income. The market has, after all, been anything but predictable recently, so ...

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When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an ...

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A few months back, a prospective financial planning client came into my office to get my help determining if she has built up enough wealth to retire comfortably. Let’s call her Frazzled Francine (not ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

An annuity is a contract with an insurance company that gives you an income stream. You can buy an annuity with a single payment or a series of payments. Annuities come in many forms with varying ...

They have a tax advantage but often come with high fees Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Marguerita ...

What Are Annuity Income Riders? Annuity income riders are optional add-ons to an annuity contract that provide policyholders with additional guarantees, benefits, or features. They are designed to ...

What Is an Ordinary Annuity? An ordinary annuity is a financial product that provides a series of cash flows over a set period of time, with the payments typically made at the end of each period. An ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...