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

Adam B. Frankel is a personal finance writer and financial adviser with over 30 years of experience. When he’s not managing money in the stock market, he teaches financial topics and other core ...

A variable annuity is an investment product that pays out a stream of payments to the investor, based on the performance of underlying investments. A fixed index annuity is very similar, but instead ...

Fixed indexed annuities tie their performance to a stock market index. They offer principal protection and steady income in retirement. Fixed indexed annuities typically limit the returns you can earn ...

An annuity offers guaranteed income for a set period of time. There are several types of annuities to choose from-with fixed annuities and index annuities being two of the most popular options. While ...

Fixed index annuities provide market-linked growth for your money and protect your principal. But returns are capped, and fees can be significant. A fixed annuity could provide partial protection ...

If you’re nearing or already in retirement, the recent market volatility might be giving you pause. With economic uncertainty, rising inflation and stock market fluctuations, protecting your ...

There’s a lot of noise out there about annuities, and the issues making the most noise revolve around market uncertainty and an evolving interest rate environment. Kelly Kleinsasser Advising clients ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But if you've started exploring your annuity options, you've likely run ...

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.