Despite cooling inflation, market volatility and increasing lifespans have left many older Americans worried about their retirement security. As seniors face the reality that their savings may not ...

An annuity is an insurance product. It provides a long-term stream of income in exchange for an upfront premium. There are many types, including immediate, deferred, fixed, variable and indexed.

Annuities are complicated. And the jargon that professionals use to discuss them does not help. That’s because the word “annuity” actually refers to a broad range of financial products. To help ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

Annuities are often purchased to help secure a reliable stream of income in retirement. Life insurance companies are the primary provider of annuities. Each company on our list offers a variety of ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while annuities do come with some sizable benefits overall, what you ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...