One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly ...

Planning for retirement is one of the most important financial steps you can take, yet many South Africans delay saving for ...

A fixed annuity offers a reliable income stream with a guaranteed interest rate. Learn how fixed annuities work, their ...

Since NPS annuity income is not directly covered by any particular article in the India-Portugal DTAA, it falls under Article ...

Structured settlements are being used more than ever, settling personal injury lawsuits across the country to the tune of ...

However, there is also no risk of losses nor interruptions in payments. If the annuity sits in a Roth 401(k) that is funded with after-tax dollars, however, it can generate tax-free income.

As part of any retirement planning scenario, you will look at all the options available. Whether this is maintaining a ...

Global X SuperDividend ETF offers sector diversification and a high yield. Learn why SDIV provides steady income and recovery ...

The IRS ruled that a contingent deferred annuity contract qualifies as an annuity contract under § 72. The ruling covers the tax treatment of the contract’s guaranteed payments, the lack ...

Deciding whether to take a $400,000 lump sum or monthly pension benefit of $2,000 requires calculating the relative value of ...

With an annuity, you pay a lump sum to an insurance company in ... commissions, premium taxes, surrender charges and other expenses. There is also often a mortality-and-expense (M&E) risk charge ...

However, the decision to exchange your annuity should not be taken lightly and may even have financial consequences. Unfortunately, it’s not as simple as cashing out and moving on to another savings ...