Thanks largely to a progressive tax code, nearly 79 million households will not owe any federal income tax this year, according to estimates from the Tax Policy Center.
If you want to ensure that your savings will generate income you can count on no matter how long you live or how the financial markets perform, consider taking these four steps.
Annuities are expensive to buy and confusing to figure out. But if you're weighing whether one is right for you, factor in the taxes you'll owe when you start taking payments.