Depending on your age and your employer, a defined benefit pension could significantly shape your retirement outlook. The ...

Those lucky enough to have access to these plans can rely on an additional source of income in retirement that goes beyond ...

Instead of beefing up plan assets, many companies have cut benefits. Employers can change their pension rules going forward ...

If you have a traditional pension from your employer, you’re in a rare and rapidly shrinking club. Only 14% of the private ...

Jonathan Ponciano is a financial journalist with nearly a decade of experience covering markets, technology, and entrepreneurship. Vikki Velasquez is a researcher and writer who has managed, ...

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 ...

As the Federal Reserve has been increasing interest rates to combat inflation, there have been several obvious effects on the economy. New loan rates for the purchase of cars and home mortgages have ...

If you’re fortunate enough to have a pension, there’s a certain relief you may feel that no matter what, when you retire, you’ll get a set amount of money every month for the rest of your life. But ...

A lump sum, on the other hand, gives you full control of the money, allowing you to invest it — potentially earning higher ...