No. Some investment companies sell annuities without charging a sales commission or a surrender charge. These are called direct-sold annuities, because unlike an annuity sold by a traditional ...

Dinner at Meredith Ackley’s house is like stepping into a dream. The walls are painted pink and purple. There’s a heated patio and arching branches over the backyard. The sun beams through the ...

Not until you reach retirement age. Typically that's 65, though many pension plans allow you to start collecting early retirement benefits as early as age 55. If you decide to start receiving ...

Medicare is funded by the Social Security Administration. Which means it's funded by taxpayers: We all pay 1.45% of our earnings into FICA - Federal Insurance Contributions Act - which go toward ...

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AAA American Automobile Association, Inc.

There are two basic types of annuities: deferred and immediate. With a deferred annuity, your money is invested for a period of time until you are ready to begin taking withdrawals, typically in ...

A pension is a retirement account that an employer maintains to give you a fixed payout when you retire. It's a kind of defined benefit plan. Your payout typically depends on how long you worked ...

These days, Daymond John is best known as the impeccably dressed star investor of reality show Shark Tank, but his reputation -- and his millions -- were first made as the co-founder and chief ...

There are two basic types of trusts: living trusts and testamentary trusts. A living trust or an "inter-vivos" trust is set up during the person's lifetime. A Testamentary trust is set up in a ...

Obama administration outlines plans for more Arctic oil drilling, but says new leases won't be granted until 2016 to allow more time for studies. More ...

Why him? Steve Jobs revived Apple and remade entire industries, defying the worst economic conditions since the Great Depression -- and his own serious health problems. More ...