Don't have a 401 (k)? Here are 3 other retirement savings options you can look at in 2026. While 401 (k)s make it easy to ...

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 ...

Retirees facing a $400K lump sum or $2,000/month pension are not just picking a payout style, they are locking in how much ...

We’re all told to save into a pension, but there’s widespread confusion about how to take an income from our savings and ...

A friend of the family sought my advice. When starting his first real job, he faced an unusual (although not unique) decision. He could join his company’s pension plan, or he could establish a 401(k) ...

Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. The aim of investing in a pension scheme is to build up a sum of money that can provide ...

Ellen wrote, "I had planned to take my pension in a lump sum, approximately $450,000 mainly because I feel it can grow much more than receiving it monthly." However, she also acknowledged that with ...