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 decision ...

Employees entitled to a pension from a former employer may soon receive letters offering them a lump sum payout. New rules that take full effect next year allow plan administrators to offer smaller ...

Monthly payments or a lump sum? This is often times the “million-dollar question” for those in the workforce who still have access to a defined benefit, pension plan. As I’m sure you’re aware, pension ...

Most people hope to walk into retirement with a nice little nest egg. But what if you’re staring down a $1.6 million check and wondering, Should I take it — or let the pension ride? That was the exact ...