Paying taxes on an inheritance can be tricky, and that may be especially true if you’re dealing with an inherited annuity. The tax liability changes based on how the annuity was funded, whether it’s ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of variables ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

A deferred annuity is a long-term investment that grows tax-deferred and provides income in retirement. Interest earnings ...

Before buying an annuity, you should have a clear understanding of the different types and their nuances and features — all of which can have an impact on your future financial wellness. In our 2024 ...

Annuities are experiencing a resurgence as retirees seek stable income sources due to factors like stock market volatility and economic uncertainty. From 2022 through 2024, the U.S. annuity industry ...

Annuities can supercharge your retirement savings, but there’s a potential downside. Nearly all annuities impose a surrender period, during which excessive early withdrawals are subject to a surrender ...

If you're exploring ways to guarantee income in retirement, you've probably come across annuities. What you might not know is that many people are buying them today without ever walking into an ...

An annuity offers a stream of cash flow and the safety that you won’t outlive your income during retirement. Annuities are a popular retirement strategy, and you can buy them from an insurance company ...

Nick Gallo has been a financial content marketer and journalist for over six years. He has deep expertise in credit-related topics, including credit reports and scores, loans and credit cards, and ...