An annuity is an insurance contract where you, the purchaser, pay an insurance company to invest your money, allowing it to grow tax-deferred. In some instances, the annuity later provides a stream of income, which could cover a set length of time or be for life. Annuities can be complicated and they’re not for everyone. Before considering an annuity, there are some basics you should know, including what annuities are, what options they provide and how safe your money will be. Start with our beginner's guide: everything you should know about annuities then work your way through our other features and guides.
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Annuity Payouts in Retirement: How Much Can You Get Each Month?
Annuity payouts can provide guaranteed income in retirement, but how much? The answer depends on several factors, including age, gender and the amount invested.
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Annuity Red Flags to Watch Out For
Annuities are popular, but they are also confusing. Unscrupulous brokers take advantage of that.
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Should You Add an Annuity to Your Retirement Portfolio?
In need of some guaranteed income? An annuity may be the answer if you check off any of these boxes.
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A QLAC Does So Much More Than Simply Defer Taxes
Here are the multiple ways you can use a QLAC, from managing retirement risks to creating income for specific retirement needs and wants.
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Navigating Annuity Taxation: A Guide for Financial Advisers
Understanding the essentials of taxation in retirement income strategies involving annuities helps ensure positive outcomes for clients.
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Annuities: Do You Need Guaranteed Income In Retirement?
Annuities are now an option in some 401(k)s but that doesn't mean they should be included in your retirement plan.
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What You Don't Know About Annuities Can Hurt You
Lack of awareness leads many to overlook these potent financial tools, and with the possibility of running out of money in retirement, that could really hurt.
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Annuity Fees: Are You Paying Too Much?
Annuity fees include commissions, administrative costs, expense ratios and more. How much is too much and how do you know if you're overpaying?
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This Underused IRA Option Offers Tax Benefits and Income Security
Looking to avoid running out of money in retirement? Consider longevity protection provided by a QLAC as a component of your retirement income plan.
