Low interest rates force employers to beef up their pension contributions or invest in riskier assets to meet their plans’ assumed rates of returns. For this reason, employers offer lump-sum ...
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If you have a pension, your employer will usually give you a choice at retirement: buyout or payments. It’s important to review this carefully. In broad terms, many make this choice based on ...
Often, the decision to take a pension annuity option over an available lump sum option rests on which option provides the greatest income. And that makes perfect sense if all of the other factors ...
The decision of whether to take a lump sum or an annuity from your pension can be overwhelming. It’s a choice that ...
The DWP owes up to £12,000 to thousands of state pensioners after identifying over 119,000 pensioners who have been underpaid ...
Biden estimated the bill should lead to an average monthly increase of $360 for certain public employees and their spouses ...
So why do so many employees who still have such pensions pass up those monthly checks and opt for a lump-sum instead when offered a choice? We can only speculate on people's reasons, but we do ...
Certain retirees on Guam would not only see their average Social Security benefits increase by an average of $360 a month but ...
Bette Marafino, of West Hartford, a retired Tunxis Community College professor, introduced President Joe Biden.
Capital gains tax is due on realized profit from the sale of certain types of assets, such as stocks, bonds, mutual funds, ...
This funded pension scheme now offers access to low-cost fund management with the option of staggered withdrawals of what was once a lump-sum. This change is welcome. Its age bars should go and ...