One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly ...
Now assume the pension beneficiary is a 55-year-old woman and that her monthly payments will begin at age 65. According to the Social Security Administration, she can expect to live to age 83.
The security you get in knowing that your pension will depend on your final wage, not on stock market conditions over your working life, means these are seen as the very best pensions around.
The US pension system stands proudly among the best in the world but needs some reform according to a new report. An analysis of 71 pension systems globally by Allianz Life puts the US at number ...
The gap between the best and worst-paying annuities has “spiked” in recent weeks, reflecting the rise in bond yields, analysis by Just Group has revealed ...
On the other hand, he recommends an annuity payment as the best way to benefit from a pension plan in the shortest period. Among the most important considerations when choosing between lump sum ...