Are annuities a safe investment this August? 5 things to know now
Annuities promise steady income, but how safe are they in today's economic climate? Here's what you need to know.
Watch CBS News
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, from the benefits of gold investing to the many uses of home equity loans.
Angelica previously held editorial roles at Bankrate, HousingWire and other financial publications, where she focused on insurance, credit cards and mortgage and housing content. She has also written for publications like The Motley Fool and Forbes Advisor. Prior to working in personal finance, Angelica held editorial roles at alt-weeklies that include the Houston Press and the Dallas Observer.
Annuities promise steady income, but how safe are they in today's economic climate? Here's what you need to know.
Struggling with credit card debt? Taking a DIY approach to debt relief could be a smart move for certain borrowers.
If a debt collector freezes your bank account, here's what you can do to regain access and resolve the situation.
Thinking about taking out a reverse mortgage? Here's who could benefit the most from this borrowing option now.
Both an IRA and an annuity offer big retirement benefits, but one could make more sense than the other now.
Housing market shifts and changing interest rates could impact your borrowing power in surprising ways.
Making a few moves could save you hundreds of dollars in interest and put you on the path to becoming debt-free.
Struggling to consolidate your debt in today's high-rate environment? These other options could offer some relief.
Worried that your bank account is at risk due to collection debt? Here's what to know to protect your money.
This debt relief strategy can be worth considering, but you'll want to know the potential savings before enrolling.
Retirees have options, but which income tool should you choose? Here's what to know before locking in a strategy.
Americans are drowning in credit card debt and delinquencies are climbing, but there are ways to get back on track.
Looking for safe retirement income? Here's how annuities and CDs stack up — and how to choose the right one.
Want to add physical gold to your investment portfolio? If so, 1-ounce gold bars could be your best bet right now.
A reverse mortgage can help fund your retirement, but what happens if you live longer than expected?