Over the past decade, some retirees have sought to lower their RMDs by buying a type of annuity called a qualified longevity annuity contract, or QLAC. You buy the annuity with pretax money (up to a ...

Lady Luck was present and accounted for when a woman from Sandusky, Ohio, won big in the state’s 50th Anniversary scratch-off ...

Retirees facing a $400K lump sum or $2,000/month pension are not just picking a payout style, they are locking in how much ...

The newest Powerball jackpot headline number is staggering, but the life-changing figure that really matters is the amount ...

High costs of long-term care necessitate discussions with clients of strategies to most effectively cover this contingency.

It's difficult to determine just how much money you'll need in retirement when you can't predict the future. Some people worry they'll outlive their savings, while others may fear they're living too ...