An annuity may make your retirement more secure, but buy cautiously.
The CFPB says, “When employees choose a lump-sum payout instead of a monthly pension payment, the responsibility for managing and investing the pension money shifts from the employer to the employee.
Annuities can augment Social Security as a guaranteed source of retirement income to cover the basics.
QLACs that delay RMDS are an enticing alternative for those seeking guaranteed income in their old age.
Consumers tend to think of investment professionals when they think of money management, but there’s more to managing your personal wealth than putting together an investment strategy aligned with your life goals and financial needs.
An investor can buy a put option to protect against downside risk of a stock or stock market index investment declining in value.
For seniors, your retirement benefits from Social Security are likely to be the best annuity payments you receive.
An insurance company hopes it might sell more annuities if people realized that these products could help them retire sooner.
People don’t like annuities until they prove themselves to be a good deal, recent research says. Here’s one worth considering.
Don’t be distracted by the bells and whistles. The basics are what counts.