RETIREMENTGUY

Most retired couples rely heavily on Social Security benefits. When one spouse dies, there's often a major loss of their benefits. The surviving spouse will get either their own benefit or the survivor benefit (the deceased spouse's benefit), whichever is higher. If one spouse's benefits are low, the impact on income will be small. But when both spouses are collecting substantial benefits, as is often the case, there will be a significant reduction that could last for many ye

Any annuity definition should recognize that complexity and consumer confusion have hampered these financial products. Although they may...

Once, the tale goes, American workers relied upon a three-legged stool for their retirement income: 1) Social Security, 2) pensions, and...

In the 1934 comedy classic It’s a Gift, W.C. Fields’ character encounters an aggressive, slick-talking annuities salesman in an indelible...

True Tamplin thinks one annuity feature that agents and advisors should consider talking more about is long-term care benefits boosters....

If you’re nearing retirement, one of the most important (and potentially stressful) questions you have to ask yourself is “do I have...

A variable annuity is a way to get the stability of a traditional annuity product with the gains of an investment account—for a price....

One of the biggest advantages of an annuity, tax deferral, can be lost when anyone other than a spouse inherits an annuity. Then, all...