Because annuities provide a guaranteed monthly income for life, they've become an increasingly popular option for Americans worried about outliving their retirement savings. According to LIMRA, U.S.

An annuity is an insurance product. It provides a long-term stream of income in exchange for an upfront premium. There are many types, including immediate, deferred, fixed, variable and indexed.

Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our ...

Choosing the right type of annuity payout depends on when you want payments to start, how long you want them to last and if you want a survivor’s benefit. Single-life annuities provide higher income ...

2026 is shaping up to be a strong year for life insurance, building on the previous year's growth and expansion.

With interest rates still elevated and recession concerns casting a shadow over the markets, many Americans are seeking financial products that can offer security and stability in retirement. Among ...

Three decades after the first insurance company tied a product return to an index, those now-fully mature indexed products continue to dominate sales, innovation and regulatory discussions. The allure ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. That's why retirees are exploring guaranteed retirement income solutions ...

Rachel Hanley is a contributing writer for Investopedia with over six years of experience developing content for financial professionals, institutions, and marketing agencies. Jen Hubley Luckwaldt has ...

David Rodeck is a financial journalist based in New York City specializing in banking, investing and financial planning. Before writing full-time, David was a financial adviser and passed the Series 6 ...