A fixed annuity is a long-term investment that provides a predictable income stream. Offered by insurance companies, banks and other financial institutions, it guarantees a fixed interest rate and ...

Market turmoil and rising interest rates might kick off a new season for the fixed annuity as the product emerges from the shadow of its variable cousin, an industry expert said. "If you look ...

Retirement savers hear constantly that guaranteed income is priceless, yet few topics divide experts more sharply than ...

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 ...

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.

In a reversal of recent trends, LIMRA predicts a decline in fixed annuity sales and an increase in variable annuity sales in 2025. Fixed annuity sales typically track changes in interest rates, said ...

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.

In a recent episode of her “Women and Money” podcast, Suze Orman warned about the pitfalls of variable annuities. While she acknowledged the value of certain types of annuities, variable annuities ...

They’re not just a reliable source of retirement income—one study says they may make you happier, too ...

Planning for your financial future can feel like navigating a maze. After all, it’s easy to feel overwhelmed by the many ...

At its core, a variable annuity is designed to provide a steady stream of income during retirement. But these financial products are more complex, costlier and riskier than other types of annuities.