Despite cooling inflation, market volatility and increasing lifespans have left many older Americans worried about their retirement security. As seniors face the reality that their savings may not ...

An annuity is an insurance product. It provides a long-term stream of income in exchange for an upfront premium. There are many types, including immediate, deferred, fixed, variable and indexed.

Adam B. Frankel is a personal finance writer and financial adviser with over 30 years of experience. When he’s not managing money in the stock market, he teaches financial topics and other core ...

It is worth mentioning a few other annuities that could play a role in a retirement income plan, before digging into the discussion of deferred variable and fixed index annuities. Deferred Fixed ...

“Annuity” is one of those words that we think of as being discussed at the “grownups’ table.” Primarily used as a guaranteed income stream during retirement, in today's current climate of bank ...

But, I’m not referring to those examples. Instead, I’m referring to the insurance product. Why? Because Annuities are rising in popularity. LIMRA reports that total U.S. annuity sales increased 22% to ...

Deferred Income Annuities (aka: Longevity Annuities or the acronym DIAs) are the product type that should dominate annuity sales in a perfect world. If all commissions for all annuity types were the ...

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 ...

Annuity sales picked up by 9% during the first quarter, led by heightened demand for fixed-rate deferred and registered index-linked annuities, recent industry data show. Although sales figures were ...

Future retirees have a lot to look forward to. Besides traveling, spending time with family, or picking up new hobbies, the number of U.S. centenarians increasing from 53,000 in 2010 to over 90,000 in ...