A: An annuity is a contract with an insurance company. In the most basic annuity type, income annuities, you give the ...

When planning for retirement, one of the biggest decisions you'll face is how to generate consistent, tax-efficient income.

This seemingly small difference in timing can impact the future value of an annuity because of the time value of money. Money ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Fact checked by Vikki Velasquez Key Takeaways Retirement planning starts with clarity—use calculators and set goals to understand how much you’ll need and how to get there.Strategies like Roth 401(k)s ...