Thinking about turning your 401(k) into guaranteed income? Experts explain when rolling it into an annuity makes sense — and the risks to know first.

Certain annuities offer more stability than others, especially in this shifting interest rate and market landscape.

A variable annuity is an insurance contract that invests in market-based subaccounts and grows tax-deferred. It may offer features like lifetime income guarantees or death benefits. These features ...