Using a Variable Annuity to Increase Your Retirement Income
Look beyond the bad press on variable annuities, and consider variable immediate annuities as a viable way to increase your retirement income security and protect against inflation.
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Look beyond the bad press on variable annuities, and consider variable immediate annuities as a viable way to increase your retirement income security and protect against inflation.
The U.S. Deficit Commission released its official report on December 1st, and it included a far-reaching range of recommended spending cuts and tax changes that will significantly affect all Americans -- especially their retirements.
New research shows that long-term financial security is closely linked to how well young adults understand five basic financial concepts. I'll present them in a series of six posts, including short videos that explain everything in simple terms.
When most folks think about tipping, they think cash is king. But it's not always appropriate to give cash to everyone on your list.
Social Security is in the news again, due to cost-saving recommendations from the deficit commission. Once again we'll hear the usual cynical or misinformed myths about these programs that just aren't true.
The Kardashian Kard kollapsed under the weight of outlandish fees and a wave of negative media attention. But there are other reloadable debit cards out there which are just as costly. Let's thank the Kardashian sisters for a sorely needed wake-up kall.
You can't afford to let the Holidays derail your retirement savings goals. So here are a couple of holiday shopping rules to help you stay on track for retirement.
Bite Club, an online game due out any day, generated a lot of enthusiasm at the first meeting of the Financial Literacy Research Consortium. The key: it's free, fun and seems to work.
When college students come home for a visit they often bring (hopefully modest) money problems along for the ride. The Bank of Dad just got a full dose. Here's why experience is the best teacher.
How do you pick a method for generating retirement income from your retirement savings? That depends on how you want to balance a number of objectives. To help you craft a plan that's all your own, here's a road map that shows you how to meet your retirement income goals.
The markets in the week ahead will be closely tracking the behavior of shoppers in U.S. malls and investors in Europe's bond markets. It will be an interesting week.
There are a lot of sentimental reasons to be thankful for this season, and you don't need us to explain them to you. Instead, let us give you five hard-headed financial things you would do well to appreciate.
It's admirable that people don't want to burden their families, so it's well worth your efforts to take the necessary planning steps. But when a family member needs help, it can strengthen family ties and bring people closer. As Thanksgiving approaches, let's consider how to turn burdens into blessings. Let's explore a complimentary point of view, which is entirely appropriate as Thanksgiving approaches. When a family bands together to help one of its own, it can strengthen family ties and bring people closer.
Airport security has gotten, um, personal. But is it really so bad? Here's why I love the full-body scan, and what our outrage over pat downs says about us.
There are several advantages to making gifts towards one of these education savings accounts. Whichever suits your needs, either can be an effective way to make a gift today that is an investment in a child's future.
Survivors of an Iranian attack that killed six U.S. service members have disputed the Pentagon's description of events and said their unit in Kuwait was left dangerously exposed.
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
As Trump issues a new warning to Iran to comply with a tenuous two-week ceasefire, the two sides don't even seem to agree on the terms of the deal.
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
California's attorney general filed charges against 21 suspects, accusing the group of defrauding the state of $267 million. Arrests come after a CBS News investigation into hospice fraud.
A politically connected nonprofit animal shelter helped steer Bondi on DOJ's approach on animal cruelty crimes and their prosecution.
The president says the arch will commemorate the nation's 250th anniversary.
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
Despite problems during the unpiloted Artemis I reentry, the Artemis II crew is confident their heat shield will protect them during a fiery descent to Earth.
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
A politically connected nonprofit animal shelter helped steer Bondi on DOJ's approach on animal cruelty crimes and their prosecution.
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe.
The average U.S. property tax bill rose 3.7% last year to $4,427, outpacing inflation even as the typical home lost value.
The NFL is being investigated for practices that allegedly harm consumers for licensing games to multiple platforms — paid streaming platforms, paid cable networks, and others, sources said.
The U.S. Postal Service, which lost $9 billion in 2025, recently warned that it could run out of money within 12 months.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
A politically connected nonprofit animal shelter helped steer Bondi on DOJ's approach on animal cruelty crimes and their prosecution.
The U.S. is convening hastily arranged diplomatic talks next week in Washington, D.C., aimed at crafting a ceasefire in Lebanon.
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe.
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
Russia's President Vladimir Putin has declared a ceasefire in Ukraine over the Orthodox Easter.
The U.S. is convening hastily arranged diplomatic talks next week in Washington, D.C., aimed at crafting a ceasefire in Lebanon.
A man who stole a handbag containing a Faberge egg and watch worth at least $2.8 million from a London pub was jailed for more than two years.
Ryan Gosling's new movie, "Project Hail Mary," is raising questions about the future of the Sun. CBS News contributor Janna Levin joins with more details.
(Spoilers ahead) The latest castaway voted off "Survivor 50: In the Hands of the Fans" joins "CBS Mornings" to discuss being eliminated from the game, this season's challenges and being the first member of the jury.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
The rapper formerly known as Kanye West being denied entry into the U.K. has raised questions over the star's upcoming performance in Italy.
Halle Bailey and Regé-Jean Page join "CBS Mornings" to talk about starring in the new romantic comedy "You, Me & Tuscany." The two discuss what it was like to shoot in Italy, preparing for their roles and how it's a renaissance for romantic comedies.
Anthropic announced its new AI model is too powerful for public release. Puck's Ian Krietzberg joins CBS News with more.
Researchers at Boston Consulting Group estimate that AI will "reshape" between 50-55% of U.S. jobs over the next three years. They note that while AI integration will likely change the nature of the work, it doesn't necessarily mean job losses in every case. CBS News MoneyWatch reporter Megan Cerullo has more.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Anthropic says its newest AI model, Claude Mythos, is too powerful and dangerous to be released to the public. Tech journalist Jacob Ward joins CBS News to discuss.
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Police file charges against 21 suspects in what's described as a $267 million fraud case with zero legitimate patients. Adam Yamaguchi reports.
A man who stole a handbag containing a Faberge egg and watch worth at least $2.8 million from a London pub was jailed for more than two years.
Jasveen Sangha, the woman described as the "Ketamine Queen," was sentenced Wednesday to 15 years in federal prison for her role in the death of "Friends" co-star Matthew Perry. Carter Evans reports.
Brian Hooker has been arrested by the Royal Bahamas Police Force after his wife, Lynette Hooker, apparently fell overboard from their dinghy and was swept away by currents. Hooker's lawyer denies any wrongdoing. CBS News' Cristian Benavides reports.
Gerhardt Konig, the anesthesiologist accused of trying to kill his wife in Hawaii last year, was found guilty Wednesday of attempted manslaughter based upon extreme mental or emotional disturbance.
Despite problems during the unpiloted Artemis I reentry, the Artemis II crew is confident their heat shield will protect them during a fiery descent to Earth.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
With Artemis II astronauts closing out on-board tests, flight controllers are prepping for reentry and splashdown Friday.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
The Artemis II crew flew farther from Earth than any humans in history as they passed over the far side of the moon on Monday night.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Gas prices remain above $4 amid lingering questions about the status of the Strait of Hormuz. Patrick De Haan, the head of petroleum analysis at GasBuddy, joins "The Daily Report" to discuss.
The Economist Intelligence Unit has released its yearly report on the state of global democracy. Constance Hunter, chief economist for the Economist Intelligence Unit, joins "The Takeout" to discuss.
A UFC fighter named Tatiana Suarez is competing in UFC 327 this weekend in Miami. Tony Dokoupil spoke with her.
CBS News exclusively spoke with a member of the Army's 103rd Sustainment Command, which is based in Iowa. The soldier survived an Iranian drone strike that killed six others and said their unit was "unprepared" to defend itself. Jonah Kaplan has more.
The Artemis II crew is set to splash down on Friday, plunging through the atmosphere at temperatures half as hot as the sun's surface.