We can tell you you won’t be an instant billionaire if you win. One prize option will, however, bring you closer to that ...

Here are 20 things you need to know before buying an annuity: An annuity is a contract between you and an insurance company ...

Explore annuity payout options like life-only and joint-life. Learn how to choose the right income plan for your goals.

The monthly payments on a $400,000 annuity at 70 could have a big impact on your retirement budget. Here's how.

A $50,000 annuity offers steady retirement income, but the monthly payouts vary by age, gender and contract type.

Payout structure Life-only: These annuities pay out for as long as you live, offering the highest possible monthly income.

How do annuities work? Annuities have two phases: the accumulation phase and the payout phase. These are pretty much exactly what you might imagine. During the accumulation phase, you're building ...

With annuities, you get locked in, and you will pay high surrender fees if you try to get out of the contract after the initial window closes.

The monthly payments on a $400,000 annuity at 70 could have a big impact on your retirement budget. Here's how.