National Pension System (NPS) is a retirement scheme where one can contribute a lump sum amount or on a monthly basis. They get market-linked returns on this investment, which helps them build a ...

An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of ...

Annuities are financial products that can serve as reliable sources of retirement income. Financial advisors frequently debate the pros and cons of annuities, but many retirement savers appreciate ...

Yes, interest rates are up, and that hurts new home buyers and other borrowers. Yes, short-term interest rates paid on your bank account are higher. Yes, long-term interest rates paid on new bond ...

A $750,000 annuity can generate income without risking the principal. Different annuity types, including guaranteed income annuities, act as a shield against market volatility and an insurance ...

An annuity is a way to get guaranteed income in retirement, but they can be complex and confusing. While they may help with retirement planning, annuities are notoriously opaque. Thanks to the ...

Typically you should consider an annuity only after you have maxed out other tax-advantaged retirement investment vehicles, such as 401(k) plans and IRAs. If you have additional money to set aside ...

Connect your firm’s forms to Morningstar’s database to automatically get the latest contract information, save time, and increase accuracy by avoiding manual reporting errors. Insurance ...