When planning for retirement, one of the biggest decisions you'll face is how to generate consistent, tax-efficient income.

Annuities promise money for life, but that guarantee may come at a steep cost. MarketWatch's Andrea Coombes talks with two financial planners about the good, the bad and the ugly of annuity products.

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

While most Americans are feeling the pinch caused by ongoing economic uncertainties, perhaps no group feels its impact as strongly as seniors, especially those on a fixed budget. Despite easing ...

A group annuity is a retirement savings contract typically offered through an employer that pools contributions from multiple participants to provide guaranteed income in retirement. Unlike individual ...

She emphasized that such recommendations are often driven by sales commissions rather than the investor's best interests. In fact, she noted that a $50,000 indexed annuity would likely yield Betty's ...