At its core, a variable annuity is designed to provide a steady stream of income during retirement. But these financial products are more complex, costlier and riskier than other types of annuities.

Variable annuities can offer income in retirement and the potential for higher returns, but those perks come with trade-offs, including higher fees, limited liquidity and market risk. Before you ...

Retirees typically use them to diversify their income streams once they leave the workforce. Some annuities even pay out for the remainder of your life, protecting you against superannuation (the risk ...

How They Do What They Do Variable annuities are just one piece of the retirement puzzle. They work by allowing annuity owners to invest in mutual-fund-like subaccounts called Variable Insurance Trusts ...

Annuities can be a great option for long-term financial security, especially for retirees looking for a guaranteed income stream. However, if you’re considering buying one, you may be wondering: Are ...

Variable annuities are unit-linked insurance products that combine investment flexibility with built‐in guarantees designed to secure a minimum level of return irrespective of market conditions. These ...

Annuities are a financial product commonly associated with retirement planning due to their ability to provide reliable payments over time. But lately, thanks in large part to their potentially higher ...

Annuities give you a guaranteed stream of income in retirement, but they aren’t created equal. With hundreds of annuities in the market to choose from, some will cost you more than others. It doesn’t ...

Annuities are becoming one of the most common financial products used when planning for retirement. Buyer demand, fueled by higher interest rates, market volatility from the COVID-19 pandemic and ...

Ashley Donohoe is a personal finance writer, Financial Planning and Wealth Management Professional and Certified Financial Education Instructor based in Cincinnati. She covers banking, loans, ...