For example, if you’re paying 25% in combined federal and state income taxes, you’d be earning only 2.25% net. With a deferred annuity ... tax penalties. Annuities are meant for long-term savings.

IRAs were a current income source for 20% of respondents, while 401(k) and similar workplace retirement plans were an income ...

If the annuity also offers a death benefit, any value remaining in the account at the owner’s death can be passed income-tax free to the next generation, too. A credit shelter trust, also known ...

You have worked hard to build up your retirement savings. You and your family live in a beautiful home. Yet, you still worry at least a little about whether you have enough money to really enjoy ...