Driven by favorable interest rates and an aging Baby Boomer demographic, U.S. annuity sales are expected to hit a near-record ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...

Variable annuities can be powerful tools for retirement planning. They provide guaranteed income options with tax-deferred growth that few other products can match. However, they are also complex, ...

Variable annuities are often sold on the promise of one compelling idea: you can participate in market gains without bearing the full risk of market losses. It’s an attractive pitch, especially for ...

What Is a Life Insurance Annuity? A life insurance annuity is a unique product that combines life insurance and an annuity. It is essentially a contract between an individual and an insurance company ...

Variable annuities are unit-linked insurance products that combine investment flexibility with built‐in guarantees designed to secure a minimum level of return irrespective of market conditions. These ...

When it comes to insurance products, here’s one piece of advice: The key isn’t what the product is — it’s what the client wants to do with it. We’ve been trained to think each product has one specific ...

People who buy annuities for lifetime income often think of them as an investment, when they're more like insurance, experts ...

Buying a $100,000 annuity at age 60 could lock in monthly income for life, but how much will you pocket each month?