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" ...

LIC's Smart Pension offers various annuity options for retirees seeking steady income with minimal risk to capital.

The Mega Millions lottery jackpot was an estimated $165 million with a cash option of $75.4 million for Friday night's ...

Kelly Lindsay from Carrollton, Virginia, won a $2 million jackpot after receiving the wrong lottery ticket at a local gas station. Initially frustrated, she scratched the Money Blitz ticket in the ...

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

When preparing for retirement, one of the biggest financial decisions you may face is whether to take a pension as a lump sum ...

Is a fixed index annuity the right investment for you? This guide will explain how fixed index annuities work, and when they ...