The latest news on annuities
Promise of lifetime income makes annuities more attractive, although concerns about high costs remain.
When investment markets are volatile and you can’t afford losses, annuities can be a solid option.
An annuity is purchased from an insurance company and offers a stream of income paid over someone's lifetime.
The need to convert nest eggs into guaranteed streams of lifetime income make annuities worth a look.
Safe payouts can come with some strings attached.
There is broad support for widespread, reliable income sources but designing solutions is very hard.
Many complex product features require careful review to make the right decision.
An annuity may be a good or poor choice for you, so careful study and expert advise are recommended.
Big second-quarter jump still leaves industry far short of 2007 peaks.
Dwindling 401(k) balances are only the beginning.