Before you hand over a lump sum of cash for an annuity, it's important to understand what you're getting in return.

Explore annuities and the corresponding initial investment amount for each type. Learn about other factors and tips for ...

Annuities are a popular retirement strategy, and you can buy them from an insurance company with a variety of features, depending on your specific financial needs and goals. Here’s how to ...

While some financial advisors suggest that the best age to begin taking payments from an annuity is between 70 and 75, you don't have to wait until then to buy it. You can purchase one from age 18 ...

Annuities frequently charge other high fees as well, usually including an initial commission that can be up to 10% of your investment. If you purchase a variable annuity, ongoing investment ...

A nonqualified variable annuity allows you to defer taxes on your investment gains but doesn’t entitle you to an immediate ...

You buy an annuity from an insurer with some or all of your pension savings. In return for your pension savings, the insurer agrees to pay you an annual income for life or for a fixed term.

In doing so, income annuities essentially buy time between ages 62 and ages 67 to 70 by providing cash until Social Security payments eventually kick in. Before investing in income annuities ...

Image source: The Motley Fool Here's a closer look at retirement annuities, including what they are, what types you can buy, their best and worst features, and how they compare to other retirement ...

And second, when do you want those contractual guarantees to start?" You buy an annuity because it does what no other investment can do: provide guaranteed income for the rest of your life ...

Financial professionals see potential for further annuity growth, but educating clients and employers is key, according to ...

An income annuity can deliver peace of mind through fixed, guaranteed monthly income. But $50,000 won’t go far — you’ll need ...