Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Retirement from a fund marks the shift from building capital to drawing an income from it. Choosing the most suitable annuity for your needs can be challenging, with a range of variables to consider ...

The retirement planning landscape has never been more complex. With traditional pensions almost entirely extinct and Social Security's long-term viability questioned, millions of Americans are ...

The IRS uses required minimum distributions to ensure people take money out of their traditional retirement accounts as they get older. The agency has to collect tax revenue, but beyond that reason, ...

Jen Hubley Luckwaldt has over 15 years of experience writing and editing personal finance content. Her passion is making information about finance and investing accessible to everyone. Prior to ...

The annuity puzzle is the phenomenon where people rarely purchase individual annuity contracts, despite the theoretical benefits of doing so. But how can people get over their reluctance to buying ...

Many senior citizens prefer the comfort of guaranteed returns where they make an investment and get assured income in the form of monthly, quarterly, half-yearly and yearly payouts. In such a way, ...