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

A: An annuity is a contract with an insurance company ... Q: How can these types of annuities help with retirement planning?

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 ...

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 ...

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 ...

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 ...

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

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

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 ...

Qualified Longevity Annuity Contracts (QLACs) offer a solution to one of retirement plannings biggest problems: longevity. In the video above, Jeffery Levine of Buckingham Strategic Wealth explains ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Paul Katzeff is an award-winning journalist who has ...

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.