A joint-life annuity ensures that after one annuitant dies, payments continue for the life of the surviving spouse. If the ...
"When you think about retirees of the past, many had pension plans from their employers and, through that, a guaranteed income stream," Elle Switzer, director of annuity product management with ...
You can put money into an annuity as either a lump sum or a series of regular payments. Although both products are complicated and come in several forms, annuities can be customized with a wide ...
Pensioners who are considering withdrawing their pension fund should be looking at all their options when they decide where ...
An annuity is typically not subject to required ... The account owner must submit a letter of explanation along with IRS Form 5329. Having to take withdrawals can create fear for retirees as ...
The recent rule and form amendments adopted by the SEC to facilitate the registration of registered index-linked annuities (RILAs) and ...
Income annuities come in two forms: Immediate annuities, which start payments within 12 months of signing your contract and deferred annuities, which delay payouts until years in the future.