Annuities

When searching for the right plan, it is important that retirees assume their health will one day change.

If they fear a sharp downturn, seniors may want to avoid locking up their retirement accounts in long-term bonds.

These employees will need bigger savings than other age groups to fund a longer retirement horizon, according to a study.

Even if employers’ concerns are exaggerated, fear of fiduciary responsibility keeps them from offering lifetime income products.

Facing a difficult math problem of planning for retirement, advocates are exploring a path to lifetime income without traditional annuities.

Grandparents are advised to give cash gifts without putting their future financial security at risk.

As an alternative to placing restrictions on lump sum withdrawals, clients could provide retirees more distribution flexibility.

As an alternative to placing restrictions on lump sum withdrawals, employers could provide retirees more distribution flexibility.

Seniors will face a 20% penalty on top of income taxes if they withdraw funds from a health savings account for non-medical expenses before the age of 65.

Although earnings in a deferred annuity will not be included in an investor's adjusted gross income, future withdrawals from the annuity could trigger a bigger tax bill.