Before you hand over a lump sum of cash for an annuity, it's important to understand what you're getting in return.

Want to diversify your retirement income? Here's what to know if you plan to stack annuities with Social Security.

Annuities can provide you with guaranteed income in retirement but what amount of annuity payouts you receive each month ...

For example, a $200,000 fixed annuity with a 5% annual return could generate $10,000 per year or $833 per month in income. Don't Miss: An annuity is a financial contract between an investor and an ...

If you’re retired or close to it, chances are you’re thinking about how to make your money last. An income annuity is one way to turn a chunk of savings into a guaranteed monthly paycheck.