If you love the idea of a risk-averse investment that isn’t necessarily subject to the stock market’s ups and downs, an ...

Insurance agents and others who sell them may tout the positive features and downplay the drawbacks, so make sure that you ask a lot of questions and carefully review the annuity plan first.

If you want to avoid annual reviews and changes, a fixed annuity could be a good fit. These products provide an ongoing income stream that will be consistent. “They serve as a set-it-and-forget ...