The U.S. Office of Personnel Management (OPM) recently emailed over 2 million federal employees an offer to pay eight months of salary in exchange for resignation. Initiated by the newly launched ...

When companies are restructuring, they may offer some employees an early retirement package with severance pay and other incentives. Finishing work early in return for a lump sum of cash may seem like ...

Deciding whether to take a lump sum or accept guaranteed monthly payments with a pension is an age-old retirement question.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...

A few weeks ago, my former employer offered me a check for nearly $44,000. If I take it, I’ll have to give up a monthly pension of $423, scheduled to start at age 65.

The math on when and how to retire is shifting for millions of workers with pension plans. Blame the steep rise in interest rates. When workers retire with a pension, many are given a choice between ...

In recent years a major focus for employers has been pension risk management. For those companies that sponsor a traditional pension plan, one of the most common strategies is offering a “lump sum ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Pensions provide additional income that can help you in ...

Forbes contributors publish independent expert analyses and insights. I am passionate about pensions, recessions, IRAs and retirement. Aug 09, 2022, 10:36am EDT Aug 09, 2022, 04:24pm EDT This article ...

My retirement projections indicate that I will receive a one-third lump sum of R2.2 million before tax. To supplement my guaranteed life annuity, would it be prudent to invest R1 million in South ...