With an annuity, you don't have the same kind of flexibility as with a 401(k) or IRA held at a brokerage firm. Liquidity is limited and early withdrawals can trigger surrender charges. Other ...

The Retirement Simplification and Clarity Act aims to give workers access to annuities outside of their 401(k) plan while ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But making a substantial move, like rolling over your 401(k) to an ...

Preparing for retirement involves a lot of decision-making, and some of it isn’t as glamorous as choosing where to take your first long vacation. One of the biggest decisions you’ll face is what to do ...

Planning for retirement has perhaps never been more complicated — or more important. With Americans living longer and navigating volatile markets, the question isn't just if you've saved enough to ...

The SECURE 2.0 Act helped pave the way for employers to offer workers annuities in their retirement plans. Most recently, Vanguard began offering employees regular payouts within 401(k) plans. An ...

While some insurers will issue an annuity for as little as $10,000, the reality is it usually takes a six-figure investment to produce a meaningful income in retirement. For the average American, the ...

Rachel Hanley is a contributing writer for Investopedia with over six years of experience developing content for financial professionals, institutions, and marketing agencies. Jen Hubley Luckwaldt has ...

Things change over the course of four years - even the feelings of more than two thousand 401(k) participants when it comes to guaranteed lifetime income. When asked in 2021, fewer than six in 10 ...

In my 17 years as a financial advisor, I have found that annuities are one of the most reliable products I can suggest to my clients. This is not just from research, but from my lived experience. In ...