Baby boomers are set to pass $68 trillion in wealth to their children. A significant portion of that wealth may be transferred through annuities. As a result, some beneficiaries could face an ...

For many years, certain trusts have proven exceptionally effective for wealthy individuals and to transfer some of their assets to the next ...

I recently learned that I am the beneficiary of an annuity in the amount of $54,845 from a friend. I was given choices on how to receive the money: lump sum, roll it over or defer the payments over a ...

Inheriting money can be a bittersweet experience. While it’s a thoughtful gesture from a loved one, understanding how to manage the windfall can be tricky. If the inheritance includes an annuity, ...

Discretionary beneficiaries are individuals or entities eligible for trust, insurance, or retirement distributions based on ...

Annuities are often touted as a reliable source of income during retirement. By exchanging a lump sum for a guaranteed stream of payments, you can mitigate the risk of outliving your savings. However, ...

The nearer you are to retirement, the more pressure you are under to make sure you have a reliable and steady source of income for the remainder of your lifetime. Social Security and pensions are part ...

Annuities can be a good option for investors seeking steady income during retirement. To get started, it's important to learn some basic annuity terms. These 12 key terms will help you understand how ...

Annuities are a popular choice for retirement planning, offering a steady income stream. But how much can you expect each month from a $100,000 annuity? This depends on several factors including age, ...

NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (MetLife) announced today that its subsidiary, Metropolitan Tower Life Insurance Company, has entered into an agreement with 3M to provide annuity benefits to ...

Sorry to hear about your friend's passing, Shannon. As with any question and answer set in a context like this, I won't be able to tell you specifically what you should do. But what I can do is help ...