Both 401(k)s and annuities can fund retirement, but understanding their differences is key to picking the right fit.

Hidden among Kraft Heinz Co.’s brightly colored assets exists an unusual source of value: an over-funded pension plan.

Pension plans typically offer two disbursement options: an annuity, which provides steady payments over time, or a lump-sum payment. Each option has its pros and cons, and the best choice will […] ...

For example, if a retiree has the option of receiving $1,000 per month without any survivor’s benefits, or receiving $900 per month with a survivor’s pension, that $100 monthly cost is really ...

Knowing what retirement benefits are available to you as an employee is imperative. For the most part, employer-provided pension benefits have been replaced by employer-sponsored savings plans ...

If you are offered a Pension Buyout Offer please make your choices carefully. Some options will provide a larger retirement income than others.

Choosing a payout option that includes spousal benefits would result in a reduced pension payment of $2,900 per month. With a 2.5% COLA that check will grow to $5,245 per month on the 25th year ...

Single life option: $1,500; 50% joint and survivor: $1,340; 100% joint and survivor: $1,180; In this example, the single life option would provide $1,500 a month for the rest of your life only.

Q: I have a pension plan at my current employer that is worth about $700,000. I plan to work a few more years, but what are my options when I retire? – R.G., Flagler County A: At retirement, … ...

Amy Kessler, a senior vice president and head of Longevity Reinsurance within Prudential Retirement’s Pension Risk Transfer business, tells PLANADVISER that since the BT transaction, more U.S. clients ...

Explore the impact of inflation on fixed incomes, focusing on 401(k) and pension plans. Learn how these retirement savings options fare to safeguard your financial future.