NEW YORK--(BUSINESS WIRE)--MetLife announced today that it increased the compounding income base component to 6%, up from 5%, on its enhanced Guaranteed Minimum Income Benefit riders (GMIB Plus SM and ...

First published in the Daily Maverick 168 weekly newspaper. Answer: Before I get into the detail of your question, let’s recap on what a retirement annuity is: A retirement annuity is a savings ...

We recently wrote a piece showing how much income you can expect to receive every month from different types of annuities, including fixed, immediate income annuities and deferred income annuities.

While people want their retirement years to offer them freedom, not many plan for it. One can achieve freedom during one’s golden years by ensuring a regular flow of guaranteed income which lasts for ...