An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment.

Edwin Castro of Altadena, California, who won $2.04 billion Powerball lottery Nov. 7, 2022, opted for the lump sum, which was ...

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Retirement planning has always been about put things in balance, having enough so that you do not outlive your resources but also getting to enjoy the life you have worked so long ...

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In an age when 401(k)s, IRAs, and market-based retirement accounts dominate the financial landscape, traditional pension ...

At 55, retirement annuities could be an option, but timing, cost and flexibility matter more than you might think.

When planning for retirement, one of the biggest decisions you'll face is how to generate consistent, tax-efficient income.

Thinking about turning your 401(k) into guaranteed income? Experts explain when rolling it into an annuity makes sense — and the risks to know first.

Find out why half of financial advisors are turning to annuities—and what that means for your retirement, income strategy and ...

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