A guaranteed lifetime annuity provides consistent payments for the rest of your life. The amount you receive each month depends on your age, gender and whether the annuity is for one person ...

Yes, interest rates are up, and that hurts new home buyers and other borrowers. Yes, short-term interest rates paid on your bank account are higher. Yes, long-term interest rates paid on new bond ...

For any baby boomer looking to ensure they have enough money to live while retired, being sold an annuity feels like a dream ...

Life Insurance Corporation of India (LIC), the country's largest insurance company, has launched a new "Smart Pension Plan" ...

The concern here is that when you retire and are relying on an annuity payment from a pension, you are placing a lot of trust in the pension calculations. And if the calculations are off ...

If you choose a fixed annuity, you make premium payments monthly while the insurance ... First and foremost, the biggest key benefit of any annuity is that you receive guaranteed income for ...

Here's how an annuity works: you make an investment in the annuity, and it then makes payments to you on a future date or series of dates. The income you receive from an annuity can be doled out ...

The Life Insurance Corporation of India (LIC) has introduced its latest offering, the Smart Pension Plan, designed mainly for ...

The recurring paycheck you will receive is the biggest benefit of annuities ... Furthermore, the funds in an annuity are not taxed until you receive income payments. Expect to pay a number ...