Annuities

The transition is expected to take place within the next 12 to 18 months, however the firm says it will still manage the products’ underlying investments.

New contracts reached a 10-year high as key stakeholders praised a bill before the U.S. Senate which could expand the products to more 401(k) plans.

There's a lot to navigate when it comes to assuring clients that the benefits outweigh the headaches.

With income taxes attached to hardship withdrawals, they are often advised to carefully weigh other options.

The misconceptions about Social Security are alarming. says an expert. The number of people relying on the program to be their main source of income "is scary."

Grandparents are advised to give cash gifts without putting their future financial security at risk.

An educational campaign aims to place the products front and center amid increasing longevity — but sales figures show they’re already in the limelight.

Annuities with guaranteed lifetime withdrawal benefits tout longevity protection, but naysayers warn of added complexity on an already confusing instrument.

Advisors need to be willing to take a financial hit for clients

As an alternative to placing restrictions on lump sum withdrawals, clients could provide retirees more distribution flexibility.