My late husband set up a lifetime annuity for me with a well-known company. I get a monthly deposit into my checking account. I called them for the value and they told me there was no value to it.

You can ask to surrender the annuity. If you have owned the annuity for less than seven years or so, you may have to pay a surrender charge. That fee can start at around 7% if you pull out in the ...

Annuities range from fixed to variable, and MassMutual also offers fixed index annuities and income annuities. Many of its annuities allow your savings to grow tax-deferred and offer peace of mind ...

Different types of annuities are available; some come with a fixed interest rate, while others have a variable rate. A fixed annuity will provide a set payment amount, and a variable annuity will ...

The latest is called a fixed index annuity (FIA), which has become a trillion-dollar industry because it protects your investment during bad markets while getting higher returns than fixed-income ...

Though fixed annuity fees tend to be higher than mutual ... I’ve come to realize just how important the annual financial statement review is. If these reviews aren’t done, the account simply ...