"The recent amendment allows withdrawal of 80 percent as lump sum instead of the previous 60 percent, with only 20 percent mandatorily annuitized. However, the Income Tax Act has not been amended to ...

According to a PFRDA notification, a non-government subscriber can withdraw up to 80% of fund accumulated amounting more than ...

New requirements impact discontinued multiemployer pension plans, variable annuity formula plans, and PBGC-covered ...

If you are retired and you are relying heavily on Social Security as an income source, you are probably already aware that ...

Total US annuity sales reached $119.5 billion in the second quarter, an 8% increase from a year ago and the highest quarterly result on record, according to LIMRA’s latest US Individual Annuity Sales ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But if you've started exploring your annuity options, you've likely run ...

An annuity is a contract with an insurance company. With income annuities, you give them a pool of your money, and they send it back to you as a stream of income. When it comes to annuities helping ...

An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of variables ...

An annuity is a way to get a guaranteed stream of income in retirement. But not all annuities are the same, and if you select the wrong one, it may cost more money than it has to. When it comes to ...