A non-qualified stretch annuity extends the payout of an inherited annuity over time, rather than receiving the full amount in a single lump sum. While qualified annuities (such as those within IRAs or 401(k)s) are subject to strict rules under the SECURE Act, non-qualified annuities, which are funded with after-tax…

Image by PM Images/Getty Images; Illustration by Hunter Newton/Bankrate Mortgage rates dipped this week, with the 30-year fixed rate averaging 6.28%, down from 6.32% the previous week, according to Bankrate’s latest lender survey. Current mortgage rates Loan type Current 4 weeks ago One year ago 52-week average 52-week low 30-year…

Joe Raedle/Staff/Getty Images Key takeaways Upgrading your credit card with the same issuer is a way to get better perks without a hard inquiry on your credit report, although you might miss out on a welcome bonus. To upgrade a credit card, contact your card issuer and consider negotiating perks…

Companies in the private sector lost 32,000 jobs in November, payroll processing firm ADP said Wednesday. The figure is below economists’ estimates of a gain of 10,000 jobs. The prior month’s payrolls number was revised upward to a gain of 47,000 from an initially reported increase of 42,000.”Hiring has been…