J.M. writes: I retired after getting a final quote from Willis Towers Watson (WTW) for my Rockwell Automation pension. It told me to expect a lump sum of £146,000 and an annual pension of £22,198.

Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves ...

Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves weighing several personal factors. You need to consider how long you ...

However, the retirement fund body denied these employees higher pension, stating that during some months between 2004 and 2008, the contributions were made in lump sum and not on a monthly basis.

When it comes to managing pensions, the focus is generally on how much you will receive, how best to manage your private pensions as you progress towards retirement age, and how you'll draw from ...

More and more state workers are able to retire with massive payouts for unused vacation and other leave, with a new record ...

It may be possible through the combination of the mutual fund lump sum investment and the systematic withdrawal plan (SWP). Know how this combination may work. Let's understand it through 2 examples.

Changing jobs and deciding what to do with the money in your current 401(k) plan can feel tricky. Your current employer may ...

She said: “Check you are not giving up important benefits such as life insurance or death benefits through your workplace pension.” For example, some workplace pensions will pay a lump sum or ...

“If you’ve got a defined contribution pension, think about how you take money out," she urged. "Spreading withdrawals across tax years, instead of taking a large lump sum, can help keep your ...