Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

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 variables ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Investopedia / Hilary Allison The present ...

A variable annuity is an insurance contract that invests in market-based subaccounts and grows tax-deferred. It may offer ...

If there is one investment that sparks both deep confusion and heated debate, it’s annuities. It starts with the fact that these are insurance products, even when they are combined with mutual funds.

If there is one investment that sparks both deep confusion and heated debate, it’s annuities. It starts with the fact that these are insurance products, even when they are combined with mutual funds.