News

The State Pension increases each year in-line with the Triple Lock, which is determined by whichever is the highest of ...
For example, say that you’re an individual getting ready for retirement. Your employer has offered you either a $150,000 lump sum or $1,200 monthly payments for life. Here’s how to think about it.
Could you confirm my pension contributions are deductible? Do you know if they deduct just the amount I pay in, or the full ...
Union machinists reject an offer from the company that included a 35 percent pay increase and up to a 12 percent annual contribution from the company toward workers' 401(k)s.
That's exactly what happened. Two, and a little more complicated, is that rising interest rates reduced the present value of pension plans' future liabilities.
The UK currently spends 4.9 per cent of GDP on state pensions — well below the Organisation for Economic Co-operation and Development (OECD) average of 7.7 per cent. But thanks to the triple lock and ...
What happens to private pensions when you die? Private pensions work very differently, and in many instances can be passed on to a beneficiary or beneficiaries in the event of your death.
News Dallas and Houston both have pension problems, but Houston is actually solving theirs Some police and firefighters here have asked why Dallas can’t find a remedy the way that Houston did ...
In this Reddit post, we have someone in their 50s who’s looking to retire with a $2 million 401 (k) and a $120,000 pension. And there may be Social Security on top of that to sweeten the pot.
France's Socialists filed a no-confidence measure against Prime Minister Francois Bayrou after pension talks collapsed, a senior party lawmaker said on Tuesday, but it seems unlikely to pass after the ...
A controversial $175 million pension payment for non-teaching Chicago Public Schools staff has created tension between the district and Mayor Brandon Johnson.
In this Reddit post, though, we have someone who’s still working at age 65 and is now eligible for a pension. But they’re not sure if they should take it now or wait. There are pros and cons ...