You can certainly take a lump-sum payout, roll it into an IRA, and then use a portion of that IRA to buy something called an "immediate annuity" from an insurance company. Don't confuse this type ...

Pensions provide additional income that can help you in retirement, but most of these plans force retirees to make a big choice: receive a lump sum right now or monthly payouts for the rest of ...

When companies offer a pension, it’s common to give retirees two options: collect the pension as a lifetime monthly payment or receive it as a lump sum at retirement. Monthly payments over time ...

Many cash-balance plans offer a lump-sum payment only, so you may not have a choice. If you do have a choice, there's no one easy answer. Monthly payments: If you opt for a monthly payout - known ...

Assuming you don’t roll a lump sum into an IRA, there is a strong likelihood a pension lump payout would push you into a higher tax bracket. As an employer is required to hold 20% of the total ...

During the market’s remarkable run over the past decade, I’ve had conversations every year with people concerned about committing even more money to a stock market that’s already at record ...