Learn about lottery annuities, particularly the process, tax implications, benefits, and drawbacks of inheriting one. Discover tips and key considerations.

For anyone who wants to make it one day in the FIRE (financial independence, retire early) world, there is often a question ...

When an individual purchases an annuity, they name one or more beneficiaries who will receive the benefits if something happens to them before the contract ends. This could be due to death, disability ...

Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide ...

Baby boomers are set to pass $68 trillion in wealth to their children. A significant portion of that wealth may be transferred through annuities. As a result, some beneficiaries could face an ...

Sorry to hear about your friend's passing, Shannon. As with any question and answer set in a context like this, I won't be able to tell you specifically what you should do. But what I can do is help ...

Inheriting money can be a bittersweet experience. While it’s a thoughtful gesture from a loved one, understanding how to manage the windfall can be tricky. If the inheritance includes an annuity, ...

If you’ve received notice that your 401 (k) plan now offers annuity options, you may want to look into what these products ...

Annuities can be a good option for investors seeking steady income during retirement. To get started, it's important to learn some basic annuity terms. These 12 key terms will help you understand how ...

Higher interest rates are making annuities more popular than ever. But despite rising annuities sales, misunderstandings keep many people from taking advantage of annuities. Insurers have been dealing ...

A recent tax court case serves as a stern reminder to practitioners that (1) in order for a trust to qualify as a charitable remainder annuity trust (CRAT), the trust’s governing instrument must ...