The company said the plan offers lifetime annuity payouts, with an option to continue the same assured income for the ...

Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about insurance, investing, personal loans, home equity loans, mortgages and banking. She lives in North Carolina ...

Immediate annuities and deferred annuities are two types of financial products that allow individuals to save or begin retirement or other long-term goals. In return, the insurance company agrees to ...

An annuity is an insurance product. It provides a long-term stream of income in exchange for an upfront premium. There are many types, including immediate, deferred, fixed, variable and indexed.

Contingent deferred annuities (CDAs) represent an interesting approach to securing lifetime income but have struggled for recognition in the marketplace since their introduction more than a decade ago ...

Many investors use annuities as part of their overall financial planning, and these insurance-company products come with some interesting tax benefits. However, along with those benefits, you also ...

Lower-fee Vanguard investment options support a wide range of retirement goals HORSHAM, Pa., Jan. 10, 2024 /PRNewswire/ -- The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, ...

Finance author and media personality Suze Orman warns of a common retirement mistake.