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

I got a letter from my 401 (k) plan saying “Great news!” and that there’s “a new plan benefit offering steady income in retirement.” It went on to suggest converting part of my 401 (k) savings into a ...

Annuities can be a valuable tool for retirement income planning, but determining the best time to buy one requires careful consideration. If you buy one too soon, you’ll lock up your money for years ...

An annuity can help you save for retirement and has favorable tax benefits. Experts caution that annuities can be complex and risky, carry high fees and are difficult to cancel. Some alternatives to ...

The study showed that after planning and buying annuities, buyers were more confident about their retirement. And they are willing to come back for more. Many households had more than one annuity.

In simple terms, an annuity is a contact between a person and a company. The person gives the company a sum of money, and in return is promised a monthly payout, generally for the rest of their life.

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 ...

Options will keep coming, but signing up for an annuity is something you want to carefully consider Your 401(k) plan may send you educational materials soon about annuity options. Dear Fix My ...