If you’re planning for retirement or looking for a way to secure long-term financial stability, you’ve probably heard about annuities. But what exactly are they, and how do they work?

Before you consider hopping onboard this new trend, it is important to understand exactly how annuities, a notoriously complex financial vehicle, actually work ... annuity fund do well or smaller ...

How Do Fixed Annuities Work? Fixed annuities pay a guaranteed minimum rate of return and a fixed series of payments under conditions determined when you buy the annuity. During the accumulation ...

The main advantage of fixed index annuities is their protection from downside risk. As many of our clients approach retirement and are no longer accumulating assets, they do not want 100% of their ...

Not all annuities work under a straightforward “give the company a lump sum of money and they’ll issue a paycheck” format. They become a little bit more multifaceted in what they do.

John Egan is a veteran personal finance writer whose work has been published ... Commissions do not affect our editors' opinions or evaluations. Annuities are a great way to secure guaranteed ...

Commissions do not affect our editors' opinions or evaluations ... with the steady income offered by annuities. Variable annuities work similarly to investment accounts, letting you pick and ...