Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide steady retirement income.

Cashing out an annuity refers to the process of withdrawing the entirety of your funds from an annuity contract before the contract's term has ended. In contrast to regular annuity payments that offer ...

Planning for long-term care is one of the hardest financial puzzles families face. In New York, one woman laid it out in plain terms on an aging-care forum: Can my mother cash out her annuity to pay ...

You can cancel an annuity at no cost during the “free-look” period, but after that point it can be much harder and more costly. Some annuities have limited withdrawal provisions and most will let you ...