An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of variables ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Dr. Melody Bell is a personal finance expert, entrepreneur, educator, and researcher. Melody ...

I recently caught up with my Uncle David at a family wedding. While shooting the breeze, he told me that he had just retired. He reminded me, after all, that he had just turned 65. However, he was ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Investopedia / Hilary Allison The present ...

Kristen Jaarda, J.D., LL.M., CAP® is a philanthropy executive, nonprofit attorney and Vice President at American Council on Gift Annuities. Has your nonprofit thought about offering charitable gift ...

Because annuities offer advantages like regular lifetime payments, premium protection, tax-deferred growth, unlimited contributions, and various investment options, they should be a part of your ...