annuities

Everything You Need to Know About Annuities

Find out if one is right for you.

Annuities can be a good way to ensure a steady stream of income in retirement if -- and that's a big IF -- you choose the right kind for your needs.

There are a whole range of products labeled annuities, and some are much better than others. A few new developments make some more appealing than they have been in the past. But sales people continue to tout both the good and bad. So you need to be really careful before you jump into an annuity.

THE BASICS

What to Ask Before Buying an Annuity If more people understood these confusing products, fewer probably would be sold. Find out what you need to know.

Guarantee Income in Retirement If you're worried you might outlive your savings, consider an annuity.

Choose an Annuity You Can Ride for Life An array of new products offer death benefits, inflation protection, emergency cash and more.

Giving a Charitable Gift Annuity This annuity won't give you the highest payout, but it will help you support a charity, receive lifetime income and get some big tax breaks, too.

NEW TWISTS

«u0

«u0

Annuities With New Promises Now dozens of insurers are offering a new way to get lifetime income, but with opportunities to cash out and for payouts to increase.

Retirement Income You'll Never Outlive New longevity insurance policies promise a big payoff -- if you live long enough to collect.

Indexed Annuities: Too Good to be True? The sales pitches for these annuities are enticing, but few -- if any -- are a good place to put your money.

WHEN ANNUITIES ARE WRONG

„ap

„ap

The Great Annuity Rip-Off Unscrupulous agents take advantage of seniors with risky investments that cost too much.

How to Dump a Bad Annuity Consider these three things if you want to get rid of an annuity you no longer want or need.

Most Popular

Your Guide to Roth Conversions
Special Report
Tax Breaks

Your Guide to Roth Conversions

A Kiplinger Special Report
February 25, 2021
4 Strategies to Reduce Taxes in Retirement
retirement planning

4 Strategies to Reduce Taxes in Retirement

Don’t let the possibility of higher taxes in the future sink your retirement income plan. Consider these four ways to help manage your taxes, keeping …
May 31, 2021
12 Housing Stocks to Ride the Red-Hot Market
investing

12 Housing Stocks to Ride the Red-Hot Market

The U.S. has a housing shortage and a love affair with home improvement, both of which could create tailwinds for this group of housing stocks.
June 8, 2021

Recommended

Annuities: 10 Things You Must Know
annuities

Annuities: 10 Things You Must Know

Not all annuities are alike, and some may not be appropriate for you. How much do you know about these investment products?
May 21, 2021
8 Surprising Ways to Prosper From Annuities
annuities

8 Surprising Ways to Prosper From Annuities

You can use a fixed annuity to do more than just generate retirement income. These insurance contracts can also help you give to charity, leave money …
June 3, 2021
What You Need to Know About Annuities and the SECURE Act
annuities

What You Need to Know About Annuities and the SECURE Act

Annuities are now an option for your 401(k), thanks to the SECURE Act. Is one right for your retirement savings plan?
June 1, 2021
Market Plunge During Early Years of Retirement Can Cause Portfolio Death Spiral
annuities

Market Plunge During Early Years of Retirement Can Cause Portfolio Death Spiral

Withdrawing money from a falling portfolio can be deadly for retirees. To guard against that, you might want to consider the guaranteed payments that …
May 31, 2021