We asked ChatGPT to compare DIAs and QLACs. See how its analysis measures up against a financial expert’s critique.

A fixed annuity is a popular source of retirement income. This insurance contract can pay you a guaranteed interest rate on your contributions, and your earnings could also grow tax-deferred until you ...

A: An annuity is a contract with an insurance company. In the most basic annuity type, income annuities, you give the ...

An individual retirement annuity is an annuity or an endowment contract issued by an insurance company that is structured similarly to an individual retirement account, but must meet certain ...

In recent years, there has been an increase in the sale of individual annuity contracts to participants in defined contribution (DC) plans, and most of these sales are of individual variable annuity ...

Annuities are built for the long haul, which means taking money out of the account isn't always straightforward.

An annuity is a contract issued by an insurance company that pays a stream of income for a specified period or, often, for the remaining life of the contract holder. Insurance agents and registered ...

If you want the flexibility to access your money in the event of an emergency or a significant change in your financial circumstances, you’ll probably want to avoid immediate annuities. Withdrawing ...

Rolling your 401 (k) into an annuity might sound like a safe, conservative move, but it can be risky if you don’t think it through. It can give you guaranteed income and protect against running out of ...

A new study from Goldman Sachs uses that reality as its baseline and offers up several research-backed methods for Americans ...

Why is 24/7 Wall St. covering this? You worked hard for your money all your life so keeping the greatest part of it out of ...

Using annuities alongside the 4% rule can increase retirement income by as much as 23%. This article originally appeared here and was republished with permission.