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

Sometimes companies with pension plans offer current and future retirees the option of receiving a large one-time payment instead of a series of smaller payments usually administered on a monthly ...

One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly ...

Increasingly, as a way of saving money, companies are offering their current and former employees an option ... s Pension Benefit Guaranty Corporation insures monthly payments well above $462.

In another courtroom battle between the Department of Labor and the retirement industry, three big employer groups are ...

EPFO has issued 21,885 pension payment orders and asked 1.65 lakh members to deposit additional amount for higher pension ...

Separately, pension monthly payments, or annuity payments ... The most important thing to know is that if you choose the lump sum option, you’ll owe income tax on the entire amount unless ...