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 ...

Many employers used to offer pension plans to their employees. Pensions are financial vehicles designed to replace a portion of the employee’s wages during their retirement years, providing them a ...

A new bill would give some police and firefighters flexibility with their retirement. State Sen. Robert Martwick, D-Chicago, ...

When companies offer a pension, it’s common to give retirees two options: collect the pension as a lifetime monthly payment or receive it as a lump sum at retirement. Monthly payments over time are ...

Better rates are available if you're older (or if you're in ill health), so you might decide to hold off buying an annuity ...

GRAND RAPIDS, Mich. (WOOD) – For many facing retirement here in Michigan, understanding your options when it comes to your pension is a critical piece to a more successful retirement. Joining us to ...

Even as private savings take center stage, Social Security remains an essential pillar for most retirees. The 2.8% ...

More should be done to raise awareness of Sharia-compliant retirement savings schemes among Muslim employees, according to the Institute for Fiscal Studies (IFS), which highlighted pension opt-out ...