Solo coverage is called a single-life annuity. If you want to make it a spousal affair, you'll choose a joint-and-survivor annuity. As the name conveys, the benefit is for both of you and will ...

Insurance companies use actuarial tables to determine payouts ... common annuity terms that every investor should know. A single life annuity offers the highest monthly payout because the insurer ...

The payments may be slightly lower than single-life annuities, Stepanek said, but the trade-off is payments that may last longer. Comparative assessments and other editorial opinions are those of ...

The brief is in support of Southern Co. Services, which is accused of using outdated assumptions when calculating retirees’ ...

Data from Hargreaves Lansdown’s annuity search engine revealed a £190 increase in the amount a 65-year-old could get from a single life annuity with a five-year guarantee in just a week.

An annuity is a financial product designed ... Insurance companies use actuarial tables to determine payouts, and life expectancy is their top consideration. If you’re older when payments ...