Annuities

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.

A widely held view is that a lot of spending is wasted on “heroic” measures at the end of life, but it’s difficult to know which patients are in their final year.

One of the major provisions of proposed legislation would require 401(k) plans to offer annuities so participants could create new income streams.

Despite Social Security's financial woes, the revenue shortfall can be easily fixed, say experts at Boston College Center for Retirement Research. But it will only go so far in paying for living expenses.

This period allows seniors to be more strategic about generating income from their portfolio and minimizing taxes.

Working longer and delaying Social Security are some of the ways they can recover.

Moving could eliminate their mortgage, reduce housing expenses and lower cost of living.

Trying to time the market is a “fool’s game,” but preparing for a possible downturn as retirement approaches can be a smart move.

Those new to Medicare may not realize they need to buy a separate policy to cover prescription drugs. There are some partial exceptions, but even in those cases, coverage can vary.

Clients will be better off using the income allocation strategy than the asset allocation approach when building a retirement portfolio, an advisor says.

The new tax law lowers the tax rates for many investors, allowing clients to enhance tax savings on the converted amount.

Even high-net-worth clients are reluctant to discuss LTC planning, a new survey finds.

After the Fed raised rates, many market participants with fixed-income-heavy investment mixes are wondering what a period of rising interest rates could mean for their portfolios.

Academic and non-profit institutions need a new strategy for today’s changing needs.

Clients saving for retirement are advised to overweight their portfolio with small-cap value stocks and funds. Here's how.

Employees may want to cash in their retirement accounts but other variables complicate the outlook.

Employees may want to cash in their retirement accounts but other variables complicate the outlook.

Data from retail investors firm Hearts & Wallets show that the number of clients owning taxable brokerage accounts has increased 10% over the past five years.

Annuities can be qualified or non-qualified and are subject to different tax treatments. There are also estate tax consequences as well as tax penalties to consider.