I am a 44-year-old single female, a technical professional with an annual income of $55,000. I have no debt or mortgage. I am able to save $500 a month (most months). I have also saved for retirement ...

A deferred annuity is a long-term contract with an insurance company that provides future income–often for life–in exchange for premium payments, with options like fixed, variable, and indexed types ...

An annuity can provide you with a steady stream of income, ensuring that you have money when you need it. That’s why many people turn to annuities during retirement, to be sure that they have cash ...

Many investors use annuities as part of their overall financial planning, and these insurance-company products come with some interesting tax benefits. However, along with those benefits, you also ...

Annuities are a financial product commonly associated with retirement planning due to their ability to provide reliable ...

Retirement planning in your mid-50s puts you in an interesting position. You're likely earning well and your career is established, but you're also starting to see the finish line on the horizon. It's ...

With rates likely to start falling soon, locking in the highest annuity rates in over 20 years might seem appealing. Annuities are complex financial tools that can provide a guaranteed income stream ...

The new deduction can lower your taxable income and thus your combined income. It's estimated that 90% of seniors will now pay no federal income tax on their Social Security benefits. Some other ...

Although annuities aren’t technically investments, such as stocks, they can still be effective savings tools. There is a longer life expectancy and unpredictable expenses always come into play. As ...

A fixed annuity provides a guaranteed income stream. Payouts can be immediate or deferred. Drawbacks include limited upside. Annuities can help ensure your retirement savings last your entire life.

Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about insurance, investing, personal loans, home equity loans, mortgages and banking. She lives in North Carolina ...