Read this if you're thinking about retiring and taking the lump-sum option Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five ...

A pension, Social Security and some personal savings: A few decades ago, this was all most retirees needed to fully enjoy their golden years. Fast-forward to today, one of those three pillars has ...

When companies offer a pension, it's common to give retirees two options: collect the pension as a lifetime monthly payment ...

Parsing the benefits of a pension vs 401(k) plan can be challenging, as these income-replacement vehicles are two very different animals. A pension is a regular, predictable, and guaranteed monthly ...

Mike Zaino, of The Zaino Group, is a Registered Financial Consultant and National Retirement Counselor serving federal and postal employees. Pensions have pretty much gone the way of the dinosaur.

Pensions aren't as common as they used to be, but there are a number of careers that offer them, especially in the public sector. 401(k)s have replaced pensions at a number of jobs. Both can be ...

If you’re planning for retirement, you might be wondering how much state pension you will be able to get. That said, the amount you can get from the state pension varies from person to person. Don't ...

We’re often told to save more for retirement, but have you ever stopped to think about how your pension pot compares to your peers? The state pension age will rise to 68 over the next few decades – ...

It's sad but true that for most of us, Social Security benefits will provide far less income in retirement than we'll need or want. Indeed, as of August, the average Social Security retirement benefit ...

The company has stopped making contributions to 401(k) accounts, and instead gives workers cash credits in a new version of its old pension plan. By Jeff Sommer Jeff Sommer writes Strategies, a weekly ...

Retirement savers have been forced to turn to Facebook groups for vital information about their pension savings, one of the nation's biggest providers warns.

Frederick Vettese, partner of Morneau Shepell and author of “Retirement Income for Life: Getting More without Saving More”, wrote a special for the Globe and Mail, When it comes to pensions, don’t ...