Discover what annuity in advance means, how it functions, and see examples like rent payments that illustrate this type of regular, upfront payment.

Choosing an NPS annuity is really a choice between higher monthly income today and how much protection you want to leave for ...

Retirement savers hear constantly that guaranteed income is priceless, yet few topics divide experts more sharply than ...

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 ...

The idea of running out of money at some point in life can be scary. But as good a job as you might do of saving for retirement, there’s unfortunately no guarantee that your nest egg will last as long ...

In the years to come, it should be easier to generate lifetime retirement income from your 401(k) plan, thanks to some recently enacted regulations from the Treasury Department. These rules cover ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

David Rodeck specializes in making insurance, investing, and financial planning understandable for readers. He has written for publications like AARP and Forbes Advisor, as well as major corporations ...

When you purchase an annuity, you’re buying an insurance contract to provide guaranteed income for yourself. You can purchase an annuity to benefit yourself but if you’re married, you could choose a ...

David Rodeck specializes in making insurance, investing, and financial planning understandable for readers. He has written for publications like AARP and Forbes Advisor, as well as major corporations ...

A Massachusetts judge rejected Jeffrey Cutter’s bid to reverse his guilty verdict on improper annuity sales. In her Dec. 23 order, Judge Denise J. Casper also denied Cutter’s request for a new trial.

At the state level, Arkansas taxes lottery winnings as ordinary income. With the state’s top marginal income tax rate at 3.9% ...