Acronyms like CRT, CRAT, CRUT and NICRUT could have many clients' heads spinning. Here's a guide to the key pros and cons for ...

If a lottery winner who has opted for an annuity payout passes away, the remaining payments typically go to their estate and subsequently to any heirs or beneficiaries. This process is governed by ...

It depends on the type of annuity and how your payouts are calculated. There are several different methods. You do have the option of naming a beneficiary on your annuity, and with certain types ...

but if you die during a specified time frame (the period-certain years), the annuity will pay your beneficiary the remainder of your payments. As with Social Security, annuity lifetime income ...

Ultimately, tax considerations should not be the only factor in deciding whether to use an annuity within an IRA. Inherited annuities have different tax implications depending on the beneficiary ...

If you are married, planning to get married, have children, or want to have children, know that you must name a beneficiary with any annuity you choose. Upon your death, any death benefit your ...

Due to uncertainties like these, many Americans are turning to annuities. An annuity is a contract between an insurance company and a consumer that provides dependable retirement income.

An annuity is then paid out to the grantor each year. The beneficiary receives the assets and pays little or no gift taxes when the trust expires and the last annuity payment is made. Grantor ...

Carefully review your annuity contract to ensure it aligns with your risk tolerance and goals. You may be able to designate a beneficiary on your annuity. After the original owner passes ...

I inherited a non-qualified annuity from my mom. I am on SSDI and I receive $1,800 per month. The annuity is worth $100,000. I am trying to decide whether to take monthly payments for the rest of ...