Morningstar's Christine Benz highlights key considerations in the decision to annuitize a pension or take a lump-sum payout.
Christine Benz says investors should consider the annuity type, other tax-sheltered vehicles, liquidity needs, and fees.
If you actually buy an annuity inside your IRA or Roth IRA, a whole new set of minimum distribution rules applies to that annuity, says noted retirement planner Natalie Choate.
Market trends have altered the benefits of several annuity products, and Morningstar's Kevin Loffredi examines what retirees should know before investing in these vehicles.
The amount of money flowing into annuities declined last year more than 6% from prior-year levels, according to a report from the Depository Trust & Clearing Corp.
Sales of deferred income annuities grew to more than $1 billion in 2012. But they are still a minor portion of the overall market, representing less than one percent of total annuity sales.
Lincoln Financial Group has selected the FireLight platform to automate and streamline its annuity applications.
Consumers may be wary of life and annuity products as they confront more immediate financial concerns, according to the Deloitte Center for Financial Services.
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