Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide steady retirement income.

An annuity is an insurance product. It provides a long-term stream of income in exchange for an upfront premium. There are many types, including immediate, deferred, fixed, variable and indexed.

A recent WSJ article recommended that annuities be a default option in retirement plans. The author responds to readers’ ...

An immediate annuity is an investment that begins paying out distributions the same year you deposited funds. Withdrawals can begin as soon as one month after you make your initial payment. Immediate ...

Retirement should be a time for relaxation, travel, and pursuing your passions. However, a nagging concern haunts many: they fear they will outlive their savings. After all, as lifespans increase, the ...

RICHMOND, Va., April 5 /PRNewswire-FirstCall/ -- Genworth Financial, Inc., (NYSE: GNW) announced today a new annuity product addition, SecureLiving® Rate Saver. This ...

If you qualify for a pension plan through your employer, you're generally offered at least two options upon retirement -- single life and joint-and-survivor. Single life pensions produce higher ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And, for seniors already in their mid-70s, securing reliable monthly ...