Monthly pension payments are a fixed dollar amount. They begin at retirement and last until a retiree's death. Some plans offer a survivor's benefit for a living spouse. A lump sum distribution is a ...

Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves weighing several personal factors. You need to consider how long you might ...

It can be tempting to take a lump sum when you’re able to cash out a pension. Taking the money means you can use it immediately, and it could be your ticket to an early retirement. Do a break-even ...

There is no question that deciding between taking a pension annuity versus a lump sum can feel overwhelming, as you have to make a decision that has long-term consequences. The unfortunate truth is ...

Dear Liz: I was recently and unexpectedly laid off. Money will be tight on Social Security alone. If I take the lump sum of my pension, the amount would be almost enough to pay off my home. Should I ...

Most people hope to walk into retirement with a nice little nest egg. But what if you’re staring down a $1.6 million check and wondering, Should I take it — or let the pension ride? That was the exact ...

Retirement income planning and annuities have gained heightened importance as populations age and individuals seek secure, reliable income throughout later life. This area of research explores the ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. These days, most private sector employees don’t have a ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. There is no question that deciding between taking a ...