The retirement challenges of a U.S. Army veteran spotlight critical gaps in pensions and life insurance, underscoring vulnerabilities exposed by corporate bankruptcies and medical expenses.

Social Security in the U.S. faces funding challenges that may reduce retirement benefits by 2033. Annuities provide guaranteed supplemental income and help mitigate longevity risk for retirees.

Illinois' $143.5 billion pension debt decreases slightly in 2025, but experts stress urgent reforms to sustain public pensions and reduce taxpayer burden. Explore the impact on state budgets and retirement security.

Congress considers pension reforms including expanded pension-linked emergency savings accounts and 401(k) annuity rollovers to enhance retirement preparedness and financial resilience.

Annuities are gaining renewed interest as a solution to retirement insecurity, offering guaranteed lifelong income and improved health outcomes amid lapses in defined benefit plans.