Annuities provide retirees and near-retirees with a tax-deferred way to supplement their retirement income. By entering into a contract with an insurance company and making a lump-sum payment or a ...
A lot of retirees use annuities to simplify their income stream in retirement but that doesn’t mean annuities are simple. Beyond choosing what kind of annuity to purchase – immediate vs. deferred and ...
Jeanette Beebe is an experienced journalist, fact-checker, and audio producer covering personal finance, retirement, science, business, medicine, technology, and the arts. Her reporting has appeared ...