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Savings Annuities

  • NEW YORK, Feb 22- Getting financial advice on complicated insurance products is, well, complicated. Most life insurance with investment options, long-term care insurance and annuity products come with a dizzying array of options and many pages of fine print, the merits of which are debatable for your bottom line. "The complexity of some insurance products has...

  • NEW YORK, Feb 22- Getting financial advice on complicated insurance products is, well, complicated. Most life insurance with investment options, long-term care insurance and annuity products come with a dizzying array of options and many pages of fine print, the merits of which are debatable for your bottom line. "The complexity of some insurance products has...

  • NEW YORK, Feb 22- Getting financial advice on complicated insurance products is, well, complicated. Most life insurance with investment options, long-term care insurance and annuity products come with a dizzying array of options and many pages of fine print, the merits of which are debatable for your bottom line. "The complexity of some insurance products has...

  • NEW YORK, Feb 22- Getting financial advice on complicated insurance products is, well, complicated. Most life insurance with investment options, long-term care insurance and annuity products come with a dizzying array of options and many pages of fine print, the merits of which are debatable for your bottom line. "The complexity of some insurance products has...

  • NEW YORK, Dec 15- MetLife Inc expects higher U.S. interest rates to add $300 million to operating profits through 2019, the insurer said in a filing on Thursday. The New York- based company, which provides life insurance, annuities and employee benefits, detailed anticipated benefits from higher U.S. interest rates in an 8- K filing with the U.S. Securities and...

  • Dec 9- Shares of Athene Holding Ltd jumped as much as 9.2 percent in their debut on Friday, valuing the fixed annuity service provider at about $8.25 billion in the year's largest financial IPO. Bermuda- based Athene, which is backed by private equity firm Apollo Global Management LLC, said on Thursday that 27 million class A shares had been priced at $40 each.

  • Dec 8- Fixed annuity service provider Athene Holding Ltd said its initial public offering of 27 million class A shares raised $1.1 billion after the offering was priced in the mid-point of its expected range, valuing the company at about $7.41 billion. The company had expected the IPO to be priced at between $38 and $42 per share. The company will make its market...

  • Chart, increasing, financial advisor

    Many financial advisors agree you have to be careful with so-called annuity illustrations that seem too good to be true.

  • Caution ahead

    Retirees' search for safe income is leading to some new and risky products. Get ready to do your homework and ask questions.

  • Retired couple

    The days of company pensions are long gone for most workers; that is why investing in an annuity can be an appealing strategy for retirees.

  • Investors hand over $40 million

    Hundreds of clients trusted one woman running an annuity investment business, but she was running a scam, reports CNBC's Andrea Day.

  • Retire well: How to not outlive your money

    CNBC's Sharon Epperson talks about annuities and how it will help with your retirement saving.

  • Senior couple working in cafe

    With the median account balance under $19,000, 401(k) plans are failing as a safety net. Here's what happened.

  • New Retirement Calculus Gives New Life to Tricky Annuities

    For years, Americans found a lot to dislike about annuities, calling them complicated and expensive. Though some experts say not that much has changed about the insurance product, fundamental changes in the average American's financial outlook have given new life to annuities.

  • Cash in a trap

    After suspending further contributions, Prudential Annuities will likely be paying out far less than policyholders had expected.

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    With more people worried about the finances of retirement, the concept of a guaranteed income stream for life  is gaining in popularity.

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    The government wants to make it easier for workers to convert part of their 401(k) savings into an annuity that would pay guaranteed income checks for life — no matter the ups and downs in the markets.

  • investor-clock-200.jpg

    Some people who are unprepared for retirement respond with a strategy known as “Hurry-Up Offense” retirement. This entails scrambling like mad at the 11th hour to find something to live on. It’s less than ideal, but sometimes a well-planned nest egg simply doesn’t exist.

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    Ameriprise Financial examined where consumers are most confident about retirement. Many expressed a nagging sense that they hadn’t saved enough money to keep them afloat. They’re right to worry, but they still have time for corrections.

  • golden-egg-nest-200.jpg

    Withdrawing money from a retirement account can carry a high price. Besides jeopardizing long-term savings, withdrawals can incur a 10 percent penalty. Still, if you’re in a financial pinch there are some options for cracking your nest egg that are better than others.