Vanguard has announced a new 401(k) fund that allows older employees to buy annuities. But are these complex financial products right for all retirees?
Vanguard Target Retirement Lifetime Income will offer retirement savers access to an annuity.
Annuities are a mixed bag -- they're a great way to help ensure you won't outlive your money, but fees are costly.
Most individuals struggle to commit to annuities. Often, behavioral barriers rather than the products create the greatest obstacles.
TROY, Mich.: 28 Oct. 2025 — As the broader financial services industry is pushing to deliver more personalized, digital-first experiences, the annuities industry is struggling to keep pace.
Stubbornly higher inflation has triggered more retirees to buy annuities where the income they get increases each year in line with consumer prices – as well as products that pay out more if you are ...
Total US annuity sales reached $119.5 billion in the second quarter, an 8% increase from a year ago and the highest quarterly result on record, according to LIMRA’s latest US Individual Annuity Sales ...
(NEXSTAR) — The current Powerball jackpot, which has been building since May, has grown again ahead of Wednesday’s jackpot. Originally estimated at $1.3 billion after Monday’s drawing, the grand prize ...
Annuity sales popped in the second quarter, Wink, Inc. reports, to nearly $115 billion – up 16.9% over Q1 and up 6.3% over the year-ago quarter. Wink’s Sales & Market Report included 139 companies and ...
'I will be comfortable spending $250,000 annually on more than $4 million in investments' "I will also have $2.5 million expected in post-tax cash from liquidating my business interests." (Photo ...
In the world of finance, an annuity is a contract between you and a life insurance company in which you give the company a lump sum or series of payments, and in return, the insurer promises to ...