Annuities

FILE - This April 2017, file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. Uncovering an online lender’s true intentions is sometimes as simple as checking their website for a few key giveaways. Knowing how to spot a predatory loan can keep you from slipping into a debt trap. (NerdWallet via AP, File)
December 23, 2019 - 1:19 pm
Your expenses don't end when your paychecks do, but creating a reliable income stream in retirement can be tricky. The right choices can result in sustainable income for the rest of your life. The wrong choices could leave you uncomfortably short of cash. In fact, retirement includes so many...
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FILE - This April 2017, file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
August 05, 2019 - 8:42 am
Variable annuities are complex insurance products — so complex that what people actually buy and what they think they're buying may be quite different. Those misunderstandings can end up costing them, or their heirs, a lot of money. For the uninitiated: Variable annuities are insurance company...
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FILE - In this Feb. 6, 2018, file photo, a woman walks through the front doors at a Fidelity Investments office on Congress Street as the ticker displays stock market numbers in Boston. Federal regulators are moving to require that brokers provide their customers with detailed disclosures of their potential conflicts of interest when dispensing advice for retirement planning and other investments. (AP Photo/Stephan Savoia, File)
June 05, 2019 - 2:05 pm
WASHINGTON (AP) — Stockbrokers will have to divulge their potential conflicts of interest to clients when they give them investment advice under action taken Wednesday by federal regulators. The regulation adopted by the Securities and Exchange Commission will also require brokerages to eliminate...
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Parkland school shooting suspect Nikolas Cruz sits in court at the Broward Courthouse in Fort Lauderdale, Fla., Wednesday May 1, 2019 for a motion by the Public Defender's Office to withdraw from the case due to Cruz receiving an inheritance that can be used to pay for a private attorney. Defense attorney Melisa McNeill and Diane Cuddihy sit with their client. Nikolas Cruz, who faces the death penalty if convicted. Cruz is accused of killing 17 and wounding 17 in the February 2018 mass shooting at Marjory Stoneman Douglas High School in Parkland, Fla. (Mike Stocker/South Florida Sun-Sentinel via AP, Pool)\
May 01, 2019 - 3:09 pm
FORT LAUDERDALE, Fla. (AP) — A judge ordered the public defenders representing the former student charged with the Florida high school massacre to stay on his case Wednesday while she determines if he remains legally indigent as he may be eligible for a large payout from his late mother. Circuit...
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The Mega Millions jackpot is displayed at a convenience store Wednesday, Oct. 17, 2018, in Chicago. The Mega Millions jackpot is now up to $900 million. The estimated jackpot for Friday's drawing would be the second-largest lottery prize in U.S. history. (AP Photo/Nam Y. Huh)
October 17, 2018 - 6:13 pm
DES MOINES, Iowa (AP) — Despite the terrible odds — one in 302.5 million for those keeping score at home — someone will eventually match all six numbers and win the Mega Millions jackpot, now at $900 million. It could happen as soon as Friday night, when the next drawing is held, leaving most of us...
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FILE - This April 2017 file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
July 24, 2017 - 11:59 am
If anyone tells you a 401(k) loan is a cheap way to borrow, they are both right and very, very wrong. 401(k) loan interest rates are low. But the way many Americans repay them spells disaster. If you stop your 401(k) contributions to repay the loan, borrowing $10,000 today could cost you $190,000,...
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FILE - In this March 22, 2017, file photo, then-Labor secretary-designate Alexander Acosta testifies on Capitol Hill in Washington. The Trump administration is allowing to go forward an Obama-era rule that puts stricter requirements on professionals who advise retirement savers on their investments. But it's leaving open the possibility that deep changes to the rule will still be made. Acosta, President Donald Trump's new labor secretary, said Tuesday, May 23, 2017, the department has decided not to delay the rule while it seeks public input on how to change it. (AP Photo/Manuel Balce Ceneta, File)
May 23, 2017 - 7:59 pm
WASHINGTON (AP) — The Trump administration is allowing to go forward an Obama-era rule that puts stricter requirements on professionals who advise retirement savers on their investments. But it's leaving open the possibility that deep changes to the rule will still be made. Wall Street and...
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