The winner of Friday’s Mega Millions lottery drawing will receive an estimated $1.22 billion — the fifth-biggest jackpot in the game’s history — but only if they forgo the immediate lump-sum payment ...

Let's say you won $1 billion Mega Millions jackpot. Is it better to get a truckload of cash at your house now, or guaranteed payments for 30 years?

Do you want to make sure that your financial future is secure? If you’re looking for a solution, annuities may be the answer.

Single-premium deferred annuities (SPDAs) require only one lump-sum payment to fund the product. SPDAs are designed for investors who are worried they may run out of retirement savings ...

After you add up your liabilities, subtract that sum from your assets to calculate your net worth. If you have a positive net worth, the value of the assets is greater than your liabilities and ...

Annuities are among the most commonly misunderstood and ... You can use the following formula to calculate an annuity's ...

He has also authored several books. kali9 / Getty Images Living benefit riders have become an inescapable part of buying a variable annuity. These options are often touted as the seat belts that ...

Annuities are a tool that can create reliable retirement income that can last as long as you do. Each annuity is a contract between you and an insurance company: You provide the company money now ...

DROPs let employees start pension collection while working by depositing it into a special account. Funds in DROP accounts grow with interest and can be received upon retirement in various ways ...