The way annuities affect Social Security benefits may surprise you. Here's how they interact and what to watch for.

Women tend to live longer than men, and annuity providers account for that in their payment formulas. As a result, female annuitants often receive slightly lower monthly payments than males of the ...

The formula looks a little different if you’re applying it to an annuity due: FV due = PMT x [ ([1 + r]^n – 1) x (1 + r) / r] Jill expects 30 quarterly payouts of $500 each on an annuity due ...

An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of ...

Growth within a fixed index annuity is tax-deferred, meaning you don’t pay taxes on the gains until you withdraw the funds. Some fixed index annuities — called equity-indexed annuities ...

But how much growth you can expect depends completely on the annuity type. For income annuities—either immediate or deferred—guaranteed income is the main objective, so growth will be modest.

A fixed-rate annuity is an insurance product that offers a guaranteed interest rate for a set period. Read here to learn more about how it works and if it's right for you.

If you don't want to mess with complex formulas, there's an easy way to estimate your monthly annuity income — especially for lifetime fixed annuities. Here's how it works: ...