Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide steady retirement income.

Retirees facing a $400K lump sum or $2,000/month pension are not just picking a payout style, they are locking in how much risk, flexibility and security they want for the rest of their lives. The ...

Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important questions to deal with include when you would you receive the payout, and how ...

Buying gilts (government debt) is another alternative to interest-bearing deposit accounts. Older gilts pay very low coupons ...

An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment. However, ...

The big NPS decision is not just how much you withdraw, but what kind of monthly income you are locking in for years.

When it comes to planning for retirement, figuring out how to create a steady income stream can be a daunting task. Many people spend decades building up savings in individual retirement accounts ...

A 20-year-old Canadian lit up social media after she won the lottery in the summer of 2025 and (gasp!) chose to accept her ...

A reader is concerned about the future of the tax-free lump sum, which was subject to speculation at the Budget ...

NPS subscribers can now withdraw up to 80% of their retirement corpus as a lump sum, but the income tax law still exempts only 60%. Until the law is amended, the extra 20% allowed under new PFRDA ...

One of the best ways you can complement your retirement savings is through annuities. Here's how they can help you pad your ...

It's hard to imagine what it would be like to win Powerball's $1.9 billion prize. But the reality almost always falls far short of the fantasy. "The curse of the lottery losers is very real," said ...