Does an Annuity Belong in a 401(k)?

Planning to Retire in the Next 3-5 Years? What to Consider Today | The Best Way to Protect a Parent from Scammers | SEP IRA Contribution Limits for 2022 Created for {EMAIL} | [Web Version]( July 28, 2022 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Youtube]( [Instagram]( [Retirement Tips]( [SIGN UP]( ⋅ [WEBSITE]( [] Annuities [] [Does an Annuity Belong in a 401(k)?]( [Does an Annuity Belong in a 401(k)?]( (Getty Images) Unlike pensions, 401(k)s place the risk of outliving savings squarely on the retiree's shoulders. Find out what's right for you. [READ MORE]( Plus: [SECURE Act 2.0: 14 Ways the Proposed Law Could Change Retirement Savings]( [] Retirement Planning [] Planning to Retire in the Next 3-5 Years? What to Consider Today As you inch closer to retirement, certified financial planner Julie Virta has three big-picture things she says you need to think through to be financially and emotionally prepared. [READ MORE]( Plus: [Is A Recession Looming? Why History Says We Shouldn’t Panic]( [The simple way to save on life insurance]( You could save 50% or more on life insurance by comparing quotes with the online insurance marketplace, Policygenius. See the nation's top insurers in one spot and avoid overpaying for coverage. Get expert help and see your options today. [READ MORE]( ADVERTISEMENT: [] Scams [] [The Best Way to Protect a Parent from Scammers]( Adult children worried about their parents’ ability to spot and avoid fraud have several options to help protect them, including a durable power of attorney, a guardianship and a revocable trust, according to attorney James J. Ferraro. Which might be best for your family? [READ MORE]( Plus:[9 Questions to Ask Aging Parents About Their Finances]( [] Saving [] [SEP IRA Contribution Limits for 2022]( A good option for small business owners, SEP IRAs allow individual annual contributions of as much as $61,000 a year. [READ MORE]( Plus: [401(k) Contribution Limits for 2022]( [Win Retirement Success and a New Car]( Sign up to get access to our free dashboard and tools. Link all of your eligible accounts for up to 20 chances to win. See your chances of retirement success with our Retirement Planner. [READ MORE]( ADVERTISEMENT [] Financial Planning [] [Finding the Right Financial Planner During a Recession]( [Finding the Right Financial Planner During a Recession]( (Getty Images) Navigating your way through a financial downturn takes resolve and know-how. Certified financial planner Andrew Rosen writes that having the right person at your side during this touchy time could be critical. [READ MORE]( Plus: [Did You Just Use an Internet Quiz to Determine Your Retirement Date?]( [7 Secrets People Who Retire Comfortably Know About Financial Advisors]( Working with a financial advisor can be a crucial part of any retirement plan. Knowing these 7 secrets can help you potentially avoid years of stress. [READ MORE]( ADVERTISEMENT [] Also on Kiplinger [] - [Is A Recession Looming? Why History Says We Shouldn’t Panic]( - [9 Ways to Cut Crypto Taxes Down to the Bone]( - [Sign up free for A Step Ahead: Guidance on how to navigate today’s challenges to business, the economy, and financial markets.]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Since 1920, Kiplinger has earned a reputation as a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include Kiplinger’s Personal Finance magazine, The Kiplinger Letter, The Kiplinger Tax Letter, Kiplinger’s Retirement Report, and Kiplinger’s Investing for Income. All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( and [podcasts]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:alerts@kiplinger.com) | [ADVERTISE]( Future US LLC © 1100 13th St. NW, Suite 1000, Washington, DC 20005