Here’s what you need to know about two terms related to annuities — present value and future value. Present value of an annuity vs. future value of an annuity: What’s the di ...

A fixed annuity provides a guaranteed income stream. Payouts can be immediate or deferred. Drawbacks include limited upside. Annuities can help ensure your retirement savings last your entire life.

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 ...

For investors seeking a predictable return without the volatility of the stock market, a seven-year fixed annuity can be an appealing option. The term is long enough to secure competitive rates but ...

Personal finance journalists and advisers have often discouraged people from buying annuities for retirement income because the financial products can be complicated and laden with high, hidden fees.

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 a financial product you purchase from an insurance company with a lump sum or a series of payments. After you pay the contract in full, you start receiving payments from the insurance ...

Annuities have been the hottest retail investment product by far over the last five years. Can the trend continue?

Many investors wonder what role annuities should play in their retirement planning. We lay out the pros and cons of a common annuity product versus simply consuming out of invested wealth. Converting ...

Although annuity sales are still seeing record highs, investor interest may eventually shift away from fixed-rate deferred annuities and towards other annuities products that have more growth ...

Annuities are having a moment, to the tune of $105 billion in sales for the first quarter of 2025. It’s the sixth consecutive quarter in which sales topped $100 billion. This record-setting growth in ...