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from24/7 Wall St.
6 days ago

Why It Pays to Consider an Annuity on Top of Social Security

For many retirees today, Social Security serves as a key source of income. And once you retire, it may play a pretty big role in your finances, too. But if you think it's okay to retire on Social Security alone, you're sorely mistaken. A better bet is to have income on top of Social Security to ensure that you're able to live comfortably once your career comes to an end.
Retirement
Retirement
from24/7 Wall St.
6 months ago

My $1.6 million retirement account has an automatic annuity clause if I die - what are my options?

Understanding retirement plans is crucial for achieving financial independence.
Employer annuity plans can complicate retirement strategies, especially if unwanted.
from24/7 Wall St.
7 months ago

Should You Grab a $50K Cash-Out or Lock In a $475 Monthly Pension? Let's Do the Math.

There is no one-size-fits-all answer when deciding between a lump sum versus a pension annuity; careful consideration of individual factors is crucial.
Retirement
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