Annuities are often touted as a reliable source of income during retirement. By exchanging a lump sum for a guaranteed stream of payments, you can mitigate the risk of outliving your savings. However, ...

Annuities and life insurance provide solutions for different life needs, though each are offered by insurance companies. Annuities provide a stream of income while you or your family are alive, ...

A death benefit under a tax sheltered annuity generally is taxed in the same way as a death benefit under a qualified pension, qualified plan or profit sharing plan ( Q 3974 to Q 3976). In the case of ...

The widow of a New York City man who jumped to his death has settled a lawsuit with the insurance companies and a broker who sold him annuities. Joan Jacobson, Jay Jacobson’s widow, claimed that the ...

For most people, annuities are as much of a mystery as commodities options. But those who do know what they are tend either to love them or hate them. Scot Millen, a fee-only financial planner with ...

Question: I switched most of my retirement accounts to a financial planning group in Tennessee, and told them I already have two death-benefits annuities and didn’t need any more. A former adviser ...

Retirement planning is a must for veterans. While US veterans have unique benefits available to them, they need more than these benefits to construct a viable retirement strategy. To secure a stable ...