A lump sum pension payout allows retirees to receive the present value of their pension benefits upfront rather than in ...

Life after 65 will involve using your accumulated savings to cover the portion that your pension does not. This is what we ...

A pension plan just told you it overpaid you and wants the money back, but before you write that check, the IRS has specific ...

Taking a lump sum from your pension can be a fantastic way to pay off your mortgage, help out the kids or boost your savings. But understanding the rules is crucial if you want to make the most of ...

No changes to pension tax-free lump sums were made in the Budget, and some people who took theirs early are left with regrets ...

BRS retirees who elect a 25% or 50% lump sum see monthly pension pay cut by that same percentage until Social Security's full retirement age of 67. Full military retired pay restores at 67, but Social ...

When a pension pays out more than 7% of the lump sum every year, a Treasury ladder at 5% faces a steeper climb than most ...

For many pension plan participants who have not started benefits, the equivalent lump sum benefit amount of their monthly pension in single-employer DB plans will abruptly fall. The culprit is ...

At retirement, you will need to decide whether to take part of your retirement fund as a cash lump sum or use the full value to purchase an annuity income. While access to tax-efficient capital can be ...

A woman, 62, retired this year after 30 years with the same employer and chose a $700,000 lump-sum buyout instead of a monthly pension for life. Several former coworkers have told her she made “the ...