Fixed index annuities, in combination with traditional retirement portfolio strategies, significantly improve the chances of creating sustainable income throughout retirement.
The steady increase in full retirement age for Social Security has resulted in people working longer and not claiming their benefits early, according to new research by the Congressional Budget Office.
Some annuities that guarantee lifetime withdrawal are not well-regulated and could pose a risk to consumers, according to the Government Accounting Office.
The court ruled an employer's unpaid contributions to an employee 401(k) plan were not plan assets under ERISA because they weren't labeled as such in governing documents.