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 ...

Annuities can provide a stream of payments later in return for an investment now, but they have special features. Many, or all, of the products featured on this page are from our advertising partners ...

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 ...

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 ...

A few months back, a prospective financial planning client came into my office to get my help determining if she has built up enough wealth to retire comfortably. Let’s call her Frazzled Francine (not ...

Annuity sales are exploding as baby boomers shift their focus from saving for retirement to creating an income stream that will last a lifetime. Some annuities are simple and straightforward. For ...

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 ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. A variable annuity is a way to get the stability of a ...

I never thought I'd write a positive article about a variable annuity. As an investment adviser, I get sales pitches almost daily touting the huge commissions I can make selling these products. The ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But if you've started exploring your annuity options, you've likely run ...

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 ...