Retirees facing a $400K lump sum or $2,000/month pension are not just picking a payout style, they are locking in how much ...

Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important ...

Career troops will have an extraordinary new choice to make under the new retirement system approved by Congress: Take the traditional pension checks or opt to receive up to half the promised pension ...

The decision of whether to take a lump sum or an annuity from your pension can be overwhelming. It’s a choice that significantly impacts your financial future, and there’s no one-size-fits-all answer.

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 ...

Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves weighing several personal factors. You need to consider how long you might ...

When it comes to taking lump-sum retirement benefits from a defined-benefit pension plan, timing is everything. And now may be the perfect time. Just ask Larry Martin Baker. A year ago, his company ...

Deciding between taking a lump sum or monthly payments involves assessing a number of factors, including some that are difficult to quantify. The two most important considerations may be when you will ...

Traditional pensions are an endangered species in the private sector. But if you're lucky enough to have one, you may face a choice at retirement: Take the money as a lump sum, or as a monthly ...

The most notable change is for non-government subscribers, who can now withdraw up to 80 per cent of their NPS corpus as a lump sum under specified conditions., Personal Finance, Times Now ...