A cash refund annuity ensures that any remaining sum paid in premiums is returned to a beneficiary if the annuitant dies before breaking even.

Different types offer different levels of potential risk. Here's how to choose wisely, from an annuities pro.

If you’ve ever wondered what is an annuity and whether it belongs in your retirement plan, here’s the short answer: It’s a financial product, usually sold by insurance companies, that turns your money ...

Retirement researchers are often enthusiastic about annuities, but many consumers are reasonably skeptical. Here to discuss basic information about annuities and their pros and cons is Christine Benz, ...

Adam B. Frankel is a personal finance writer and financial adviser with over 30 years of experience. When he’s not managing money in the stock market, he teaches financial topics and other core ...

Some annuities will continue to pay a spouse or other beneficiary ...

For investors seeking a predictable return without the volatility of the stock market, a seven-year fixed annuity can be an appealing option. The term is long enough to secure competitive rates but ...

Though inflation has been decreasing, higher costs have had a major impact on the lives of many Americans, including seniors in or approaching retirement. Increased costs, as well as market ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. In turn, an annuity can be a smart addition to the right retirement ...

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, ...