But, I’m not referring to those examples. Instead, I’m referring to the insurance product. Why? Because Annuities are rising in popularity. LIMRA reports that total U.S. annuity sales increased 22% to ...

Think of a fixed annuity as a sort of "reverse" life insurance contract. A fixed annuity essentially turns an up-front, lump-sum investment (the premium) into a known amount of monthly income for the ...

As you look toward retirement, you may consider different strategies to ensure a steady stream of income. Annuities are one way to accomplish that goal. These financial products usually require you to ...

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 ...

Adam B. Frankel is a personal finance writer and financial adviser with over 30 years of experience. When he’s not managing money in the stock market, he teaches financial topics and other core ...

Annuities can help solve the biggest challenge of retirement. When you save up for retirement, the two largest risks are intertwined. First, you risk not being able to pay your bills if you don't ...

If there were ever a product built for steady retirement income, it is fixed annuities. With the big decline in fixed pensions, fixed annuities have become a must-have option for many retirees who ...

Fixed annuities have always been a powerful financial tool in any retirement portfolio. With long-overdue advances in technology such as the ability to fully purchase insurance products online, ...

Fixed annuity rates are up, along with interest rates in general. The best fixed annuity rates currently are 4.10% for a two-year term, 4.95% for a three-year term, 5.30% for a five-year term and 5.20 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Roger Wohlner is an experienced financial writer, ghostwriter, and advisor with 20 years of ...

A fixed index annuity (FIA) balances between security and growth potential by linking returns to a stock market index while protecting against market downturns. It’s a popular choice for retirement ...