If your uncle, best friend or bank loans you money, is it taxable? Nope, not if it’s a real loan. But the loan or income distinction lands many people in trouble with the IRS. Besides, interest rates ...

Like any market investment, variable annuities (VA) are extremely time sensitive. However, unlike other investments and safe money products, variable annuities don’t seem to recover well at all when ...

The annuity contracts that were first offered by insurance carriers over a century ago were relatively simple instruments. They were designed to insure the risk of superannuation, or outliving one's ...

Annuities, particularly variable annuities, are unpopular and getting more so every day. However, there are pros as well as cons to these much-maligned financial products, say advisors. Some $2 ...

Sales of variable annuities reached their highest quarterly level in more than five years, with the hottest flavor of the insurance-like contracts driving the upswing, according to preliminary data ...

Yesterday, the Securities and Exchange Commission (SEC) adopted Rule 498A – the long-awaited variable contract summary prospectus rule. The new rule represents the culmination of years of coordinated ...