I do not fully understand the guarantee option. As it is a 100 per cent joint life annuity why doesn't it have a guarantee period as I thought it was for both of us until both our deaths?

Learn about Pension Maximization - its definition, advantages, and disadvantages. Discover how it can potentially maximize ...

A Fidelity Investments survey released on July 28 found that a majority of Americans do not understand how their pensions work. While more than 42 million Americans currently have pensions, 71% of the ...