Social Security replaces only 40% of pre-retirement income while experts recommend replacing 80% to 90%. 64% of Americans fear running out of money in retirement more than death. Annuities can provide ...

For 50 years, defined benefit pension plans in the U.S. have been dying a slow death — and along with it, many workers’ dreams of adequate guaranteed retirement income for life. The good news is that, ...

The nearer you are to retirement, the more pressure you are under to make sure you have a reliable and steady source of income for the remainder of your lifetime. Social Security and pensions are part ...

I am 53 years old with 18 years of service. I understand that I can retire under the Federal Employees Retirement System at age 55, when I will have 20 years of service. I also understand that if I ...

Michigan Tech offers tax-deferred as well as after-tax Roth supplemental retirement programs that allow employees to contribute additional money for retirement. Revised: 12/08/2016 - Annual Review: No ...

A recent paper from the National Bureau of Economic Research explored a guaranteed payout path involving defaulting 20% of a retiree’s assets greater than a certain threshold into an immediate annuity ...

In a significant move, a series of legislative proposals in Congress aim to drastically reduce federal retirement benefits. These proposals are part of a broader Republican effort to cut long-term ...

Although annuities aren’t technically investments, such as stocks, they can still be effective savings tools. There is a longer life expectancy and unpredictable expenses always come into play. As ...