The IRS uses required minimum distributions to ensure people take money out of their traditional retirement accounts as they get older. The agency has to collect tax revenue, but beyond that reason, ...

An annuity is a contract between an individual and an insurance company in which the individual pays a lump sum or series of payments to the insurance company in return... An annuity is a contract ...

Social Security provides a crucial financial safety net for the millions of Americans in retirement each year. But the average monthly Social Security benefit currently hovers near $2,000, and while ...

Amid today's unusual economic environment, many retirees and near-retirees are shifting their retirement planning from growth to stability. With market instability becoming more common, inflation ...

An annuity income rider is an optional feature of many annuities that retirees can use to provide themselves with a guaranteed minimum income for as long as they live. Income riders add cost and ...

An annuity is a financial product designed to provide a steady stream of income, making it a popular choice for retirees. They can be very useful for creating steady income in retirement, but they’re ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Combining annuities with IRAs or 401(k)s can be powerful. Annuities ...

Annuities are typically contracts with insurance companies. A fixed annuity can provide peace of mind, delivering regular income. A deferred annuity can start paying you later in life, helping you not ...

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 ...