What is an annuity, anyway? The National Council on Aging describes annuities as “investment options that can provide a guaranteed income for an individual or their spouse throughout their retirement.

Annuities have a bad reputation due to their complexity, lack of transparency, and limited flexibility. However, for retirees focused on maximizing their spending in retirement, the simplest annuities ...

How much income will an annuity produce today? It's a straightforward question, but the answer gets a bit complicated. However, it's just a matter of comparing and selecting annuity options, plugging ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

The Insured Retirement Institute filed comments urging the Department of Labor not to withdraw a longstanding safe harbor regulation. According to the Insured Retirement Institute, the Department of ...

Corebridge Financial, Inc. CRBG recently inked a deal with a subsidiary of Venerable Holdings, Inc., CS Life Re, to reinsure the entire block of variable annuities within its Individual Retirement ...