When a plan administrator selects an insurer to provide annuities for a retirement plan subject to ERISA, it is engaging in a fiduciary act that must be conducted prudently. Mistakes in this process ...

They can be a secure way to avoid outliving assets—but watch out for fees ...

When planning for retirement, one of the biggest decisions you’ll face is how to generate consistent, tax-efficient income. Two common options, annuities and Roth IRAs, serve very different purposes, ...

MarketWatch Picks highlights items we think you’ll find useful; we are independent of the MarketWatch newsroom. We earn a commission from some links in our articles. Learn more The SECURE 2.0 Act ...

The Insured Retirement Institute filed comments urging the Department of Labor not to withdraw a longstanding safe harbor regulation. According to the Insured Retirement Institute, the Department of ...

Interest in lifetime income products within retirement plans is growing, and a new tool helps plan sponsors and advisors to match the right annuity product into the 401(k) plans for their employer ...

Although workers can roll over money from their 401(k) to a qualified annuity when they leave their employer, it's generally not available to current employees. Some plan sponsors are starting to ...

Annuities offer guaranteed lifetime income but carry high fees and limited liquidity. Cashing out an annuity early can trigger surrender charges up to 10% of contract value. Fixed annuities lose ...

When you think about estate planning, wills, trusts and life insurance usually top the list. But annuities deserve a spot in the conversation, too. Beyond providing reliable income in retirement, ...

IRS Publication 571 offers detailed guidelines on tax-sheltered annuities for 403(b) plans, including contributions, rollovers, and distribution rules.

A $1.6M employer retirement account initially appeared to mandate $800K conversion to an annuity for beneficiaries. QPSA annuity provisions apply to Money Purchase Plans but not 401(k) accounts ...

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