If you’re fortunate enough to have the luxury of choosing between a lump sum or monthly pension, consider yourself lucky.

Target-date funds with annuities provide regular income and more protection from market crashes. But fees and check amount ...

Avoid taking out an advance against your pension; interest on these loans is steep, and you could take a huge tax ...

Seven of 20 school board members say they oppose reimbursing the city for the payment. The mayor has until March 31 to settle ...

Since April 2015, older savers have been able to take money directly from their pension, rather than buying an annuity. We ...

Fifteen anti-administration alderpersons worry that Mayor Brandon Johnson will go around the City Council to avoid risking ...

You could give $10,000 to your grandchild before June 30 and another $10,000 just afterwards. This would reduce your ...

Financial advisor Warren Shute explains how to work out exactly how much money you'll really need in retirement - and five ...