Buying an annuity is a major financial decision. You’re often tying up your money for a long time and, since many people use these financial products to fund their retirement, you’ll be relying on ...

At its core, a variable annuity is designed to provide a steady stream of income during retirement. But these financial products are more complex, costlier and riskier than other types of annuities.

When saving for retirement, it’s common to have overlapping goals. Most of us want to save enough to generate a comfortable monthly income, avoid outliving our savings and leave something for our ...

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 ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

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We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. When it comes to retirement planning, annuities are one of the financial ...

What is a Variable Annuity? A variable annuity is an insurance contract, that guarantees a minimum payment after a set number of years or the accumulation period. Variable Annuities also allow you to ...

NEW YORK, Sept 14 (Reuters)- Fidelity Investments' life insurance arm has cut fees on its Fidelity Personal Retirement Annuity as it seeks to attract more fee-based financial advisers to the product.