FG Trade / Getty Images Millions of American workers save a portion of their earnings in employer-sponsored retirement plans such as 401(k)s, 403(b)s, and 457s. Below are five less common ...

It's a common lament that old-fashioned defined-benefit pensions—the kind that pay a guaranteed monthly income for life—are rare nowadays. And for public-sector employees, they might become ...

Individuals with a cash balance pension plan face numerous decisions as they near retirement. Understanding the various options available is crucial for maximizing retirement income and ensuring ...

Overall, retirement plan options for 1099 workers have grown significantly, and each has its distinct advantages and limitations. Once you are in position to set aside funds, here is a list of ...

Buyout decisions have become increasingly common for those with a pension plan. If you get this offer ... their current and former employees an option known as a “buyout.” ...

In 1975, 27.2 million workers had a pension plan through their employer ... If you’re offered a buyout, you have two options: taking a lump sum or annuity payments. A lump sum gives you ...