Annuities aren’t for everyone. If you aren’t worried about running out of income, you may not need an annuity. “Bill Gates doesn’t need an annuity.

Annuities are tax-deferred, which means you don’t pay taxes on the money while it’s in the annuity. Like a 401(k) or IRA, you only pay

Not all annuities guarantee a fixed rate of return. With a variable annuity, your premiums are invested in a variety of subaccounts, similar to mutual

While both life insurance and annuities are issued by the insurance companies, they serve opposite purposes. Life insurance is designed to provide benefits to your

When is the best time and what is the best age to buy an annuity? That depends on your individual circumstances and preferences. It also

The amount you invest into an annuity depends on the type of annuity you want and the goals you want to achieve. You can open

There are many reasons to buy annuities, depending on your lifestyle needs. Among other benefits, they can provide you with guaranteed income for life, a

Retirees who are surrounded by their family and friends – and who also have a substantial check coming in every month for the rest of

Like any financial instrument, annuities have pros and cons. Some types aren’t right for some people, just as some mutual funds or other investments are

There are a few different ways beneficiaries of annuities can claim their inheritance. One you might not have heard of is called an “annuity stretch.”