RAs offer a benefit that no tax-free investment can replicate: the upfront tax deduction. Contributions to an RA are ...
One of the biggest trends expected to come in 2026 is a significant rise in hybrid solutions as carriers race to launch product lines that meet new consumer needs. For instance, Chow pointed to ...
Annuities can guarantee you lifetime income, but they have their drawbacks. Ramsey isn’t a fan of their high fees and commissions. A fixed annuity may also do a poor job of keeping up with inflation.
Vanguard Group plans to start letting workers buy an annuity within a new 401(k) target-date fund. The nation’s largest target-date fund provider will make the fund available to employers starting ...
Total US annuity sales reached $119.3 billion in the third quarter of 2025, according to new data from LIMRA, marking the eighth straight quarter that sales have surpassed $100 billion. The latest ...
An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment. However, ...
(NEXSTAR) — The current Powerball jackpot, which has been building since May, has grown again ahead of Wednesday’s jackpot. Originally estimated at $1.3 billion after Monday’s drawing, the grand prize ...
If you’ve ever wondered what is an annuity and whether it belongs in your retirement plan, here’s the short answer: It’s a financial product, usually sold by insurance companies, that turns your money ...
The retirement landscape has shifted dramatically over the past few decades. Gone are the days when most retirees could count on a generous company pension to carry them through their golden years.
Choosing the right type of annuity payout depends on when you want payments to start, how long you want them to last and if you want a survivor’s benefit. Single-life annuities provide higher income ...
Volatility-controlled indices with intraday features have gained significant traction in the fixed index annuity (FIA) market, particularly during periods of heightened market turbulence. In this ...