If you haven't yet hit your full retirement age, you're one of those retirees with fewer options for benefit increases.

If you participate in a pension plan through your workplace, you'll have to decide how you want to receive the payout when you retire. Pension plans typically offer two disbursement options: an ...

Many employers used to offer pension plans to their employees. Pensions are financial vehicles designed to replace a portion of the employee’s wages during their retirement years, providing them a ...

As retirees or soon-to-be retirees make the move to stop full-time work, the question quickly becomes how to live comfortably ...

Making an uneducated choice about your pension option can wreak havoc on your financial future, leading you to pay more in taxes than you ever anticipated, miss out on the vacations you always dreamed ...

In a recent monthly newsletter from IRA expert Ed Slott, a discussion of loan options from retirement accounts referenced a ...

A friend of the family sought my advice. When starting his first real job, he faced an unusual (although not unique) decision. He could join his company’s pension plan, or he could establish a 401(k) ...

Are you getting ready to retire and deciding what to do with your pension? Making the wrong decision can be costly, especially considering that, most likely, you won’t be able to change it. Plus, the ...