Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden ...

Pension underfunding is not a hypothetical risk in 2024. Hundreds of public and private pension plans across the country are ...

Deciding between taking a lump sum or monthly payments involves assessing a number of factors, including some that are difficult to quantify. The two most important considerations may be when you will ...

A caller named Alex asked Wes Moss a question that lands in millions of mailboxes every year: take a $58,000 lump sum pension ...

If you’re lucky enough to have a pension, be careful with your payout choices. Pension elections are irreversible. Under many ...

I have a question about the significant increase in contributions test that HMRC uses to determine whether pension lump sum recycling has occurred. The annual allowance was £40,000 up to and including ...

A $1 million annuity that pays about $6,100 a month for life sounds like a good deal for retirement income. But a surviving spouse can get an unwelcome surprise if you haven’t thought this through.

As the Office of Personnel Management completes its transition away from paper, federal employees and retirees must adapt to ...

To claim such relief, the taxpayer is required to file Form 39 (previously Form 10E) electronically on the income-tax e-filing portal. It is advisable to file such a form before filing the income-tax ...

A 65-year-old retiree with $400,000 set aside is considering an annuity that pays roughly $2,600 a month, guaranteed for life ...

Bobby Bonilla gave up $5.9 million in 2000 for $29.3 million between 2011 and 2035. Let's get into why that deal was fine for ...

An all-star team of retirement experts explains why life annuities are so valuable for older adults, yet so disliked by consumers. And they suggest what to do about it.