An annuity is a contract with an insurance company that promises to pay the buyer a steady stream of income in the future, such as after retirement.

This is why it’s important to check the credit rating of an annuity company before signing up to make sure they are financially stable and can safely make your future payments. As you weigh your ...

When it comes to saving for retirement, a deferred variable annuity can be a useful tool. The money you invest grows tax-deferred, so you won’t owe taxes on your earnings until they’re withdrawn.

you want to choose an insurance company that is financially strong and likely to be able to afford to pay out the annuity years from now. Before purchasing a policy, check the company’s ...

Alexander Forbes and Just have joined forces to offer an annuity that conforms to the default regulations, and balances retirees’ need for income security with their desire to leave a legacy to ...

Another pro is that since your grandchild will receive a check from you every month or year, you’ll be remembered fondly. If you choose annual payments, you might have the annuity check arrive ...