When one approaches retirement, a lot of big financial decisions need to be made. And, of course, one needs to be informed ...

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

An annuity provides one of the most secure forms of income in retirement. Unlike a portfolio of investments, this insurance ...

One of the most challenging things anyone can do in life is to plan for their retirement. While everyone hopes to make enough ...

For instance, if the pension includes 2% annual cost-of-living adjustments, the value of the annuity increases to $210,697. Then the lump sum has to earn 7.25% in an average to equal the value of ...

The UPS will be available to central government employees who are already enrolled in the NPS and opt for this new scheme.

But with the UK state pension being among the least generous in Western Europe, saving for your retirement is a good idea.

Learn how a lump sum withdrawal from your pension could help qualify for a Commonwealth Seniors Health Card and reduce ...

One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly payments. At some point, you’ll have to make a decision, and this ...