Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

An annuity is a financial product designed to provide regular payments to an individual over a specified period. These are usually sold by insurance companies and can be purchased with a lump sum or a ...

A variable annuity is a form of annuity that provides consistently timed payments to the annuity holder in potentially varying amounts. A variable annuity is a type of annuity that provides periodic ...

Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products, and ...

Annuities provide steady income and can complement Social Security and pensions in retirement. Each annuity type has trade-offs, so it’s important to understand the pros and cons of fixed, variable ...

Retirement should be a time to kick back, relax, and enjoy your hard work. Let’s be honest, though. There’s more to a picture-perfect retirement than leisurely strolls and afternoon naps — it just ...

Annuities have become an increasingly popular option for people who want to diversify their retirement funds. With an annuity, you make investments and then receive money in a series of payments that ...