Tag: retirement
This blog is for a part-time Macy’s saleswoman and immigrant whom I met in a hospital waiting room – she’d never heard of Social Security. It is also for a 22-year-old contingent worker I know who lacks steady employment and isn’t regularly accruing credit toward the Social Security pension he will probably need when …
The value that annuities can provide to retirees may not be obvious, but it is real. Annuities are also becoming increasingly valuable as fewer people have that traditional source of reliable retirement income: an employer pension. Insurance company annuities, like pensions, pay out a monthly income no matter how long you live. These payments com…