Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden ...

Questions to ask yourself as you look at pension funds include: What will be the effect of inflation on the purchasing power of your future dollars?

An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment. However, ...

Annuity plans don’t promise high returns, but they do offer something many retirees value more, a predictable income that doesn’t depend on markets.