Timing your annuity purchase right can make a big difference. Here's how to decide when it makes sense for you.

The age 75 rule could shape how you buy or use an annuity. Here's what to know before it impacts your strategy.

The annuity payout you choose can impact the size of your monthly payments for life.

But the real strength of annuities is their ability to create a lifetime income stream. “That's where they shine,” Harris ...

A 65-year-old woman, who statistically has a longer life expectancy, would receive slightly less — around $6,568 per month on a $1 million annuity.

Two people who invest $200,000 into a fixed annuity might receive different payments based on what the life insurance company believes their life expectancy is.

A 75-year-old male with the same annuity type might receive around $1185 per month due to a shorter life expectancy. A 65-year-old female might get around $839 per month, reflecting a longer life ...

Both fixed dollar and variable annuity payments received as an annuitized stream of income are subject to the same basic tax rule: a fixed portion of each annuity payment is excludable from gross ...

Annuities can play a valuable role in your retirement plan — as long as the tax implications have been properly factored in. Here's an outline of the key rules.

With life expectancy rising, financial security has never been more critical. In addition to offering guaranteed income, annuities protect your nest egg against market volatility and inflation risks.

Insurers use life expectancy as a key determinant in calculating annuity payments. The longer a person is expected to live, the more the $1 million must be spread out, potentially reducing the ...

Consider your life expectancy The longer you expect to live, the more you can potentially benefit from the guaranteed lifetime income of an annuity.