Some annuities allow naming a contingent annuitant to receive payments after the primary dies. Designating a contingent often means lower initial payments than a single-life annuity. Choosing a ...

An annuity is a financial product designed to provide a steady income stream during retirement. It is a contract between you and an insurance company, where you make a lump-sum payment or a series of ...

If volatile markets are driving your clients to consider locking in lifetime income through a variable annuity guaranteed lifetime withdrawal benefit, deals soon could improve. New on the horizon: ...

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. Vikki Velasquez is a researcher and writer who has managed, ...

Annuity plans offer steady retirement income by converting lump sums to payouts. Immediate annuities pay income soon; deferred annuities start later Annuities provide stable income for expenses but ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Suzanne is a content marketer, writer, and ...