What is an annuity? Advisors run into that question a lot. Despite the fact that annuities have been around for years, many consumers just don’t get it. That lack of understanding gets in the way of ...

Source: Flickr user Simon Cunningham. Wall Street is notorious for creating financial products that are difficult to understand. One such product is the annuity, and even experienced investors often ...

When it comes to saving for your retirement, you may have different options depending on where you’re employed. One of those options could be a tax-sheltered annuity (TSA). Here we’ll answer what ...

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Qualified Longevity Annuity Contracts (QLACs) were first introduced in 2014 by the IRS and the Treasury Department as a way for people to use their Traditional IRAs (and some employer sponsored plans) ...

An annuity that guarantees to make payments for a minimum period even if the annuitant dies during that period. Payments continue after the period, however, if the annuitant remains alive.

Simply sign up to the Business education myFT Digest -- delivered directly to your inbox. The insurance industry has been accused of “playing clever” with figures to inflate the value of annuities ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a ...

The Financial Conduct Authority has bowed to pressure from providers and changed the way it defines third way annuity products. In the FCA’s report on pension freedom collection data, published in ...

Many people have strong feelings about this financial product without even knowing the definition of what an annuity is. Wall Street is notorious for creating financial products that are difficult to ...