As traditional pension plans have largely disappeared over the years, many Baby Boomers heading into retirement today will by relying on cash balance pension plans instead. Understanding how to make ...

If you participate in a pension plan through your workplace, you'll have to decide how you want to receive the payout when you retire. Pension plans typically offer two disbursement options: an ...

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

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Retiring early, years before the average age of 65, has ...

You can choose between a single-life annuity, where the income is paid to you for the duration of your life, or a joint and survivorship annuity, where the income continues to a second person (usually ...

Many folks who never wore the uniform think those who did serve left the military with a robust monthly pension. In reality, fewer than 20% of service members ultimately qualify for that valuable, ...