Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden ...

Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important questions to deal with include when you would you receive the payout, and how ...

The couple holds $4.8M to $5M in retirement assets without counting home equity. The husband’s pension offers $2.9M lump sum at 60 or $15,600 monthly with survivor benefits. Their annual retirement ...

Annuity plans don’t promise high returns, but they do offer something many retirees value more, a predictable income that doesn’t depend on markets.

Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide ...

In terms of tax, when you reach your NMPA you will be able to access up to a quarter of your pot tax-free, up to a maximum of ...

This is made up of 5% from you (including pension tax relief from the government) and 3% from your employer.  Whether you ...

Dear Bruce: I am a happily married 59-year-old state employee who will retire at the age of 62. I have a defined-benefit retirement plan that will pay me about $5,400 a month for life, or I can take a ...

Vanguard's new 401(k) fund allows select people to buy annuities ...