An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of variables ...

With the joint-life option on a lifetime annuity, payments will continue as long as one spouse is alive. Monthly income is $1,143.76, of which $476.95 is taxable and $666.81 is nontaxable. After 25 ...

A variable annuity, which ties returns to market performance, introduces more risk and reward. Historical averages suggest ...

Annuity regulations and products will keep financial professionals on their toes as they help clients achieve retirement security.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But as reassuring as annuities may seem, the reality is that these ...

Annuity rates are competitive now amid an overall elevated rate climate. Some providers are currently offering immediate annuity rates above 7% for a 65-year-old, compared to the 4% to 5% range when ...

Great American Life is launching a new variable-indexed annuity developed in collaboration with Raymond James. The Index Summit 6℠, which will be offered through financial institutions, banks and ...

Americans are increasingly worried about having enough money in retirement. In a 2025 Northwestern Mutual survey, more than half of the respondents (51%) said it was somewhat or very likely that they ...

A perpetuity in finance is a stream of payments or cash flows that is presumed to extend indefinitely into the future. Learn the importance of perpetuities, with the help of examples of investments. A ...

Are you employed by an educational institution, church, or nonprofit? If so, there’s a retirement savings program authorized by section 403(b) of the Internal Revenue Code that allows eligible ...