Monthly payments or a lump sum? This is often times the “million-dollar question” for those in the workforce who still have access to a defined benefit, pension plan. As I’m sure you’re aware, pension ...

When companies offer a pension, it's common to give retirees two options: collect the pension as a lifetime monthly payment ...

It can be tempting to take a lump sum when you’re able to cash out a pension. Taking the money means you can use it immediately, and it could be your ticket to an early retirement. Do a break-even ...

Lester, a 51-year-old from Pittsburgh, has no debt aside from his mortgage. The company he works for recently sent a letter to employees offering them a lump-sum payment when they leave in return for ...

Most people hope to walk into retirement with a nice little nest egg. But what if you’re staring down a $1.6 million check and wondering, Should I take it — or let the pension ride? That was the exact ...

Whenever I hear about someone getting a pension from their job, I’ll admit — I feel a little jealous. Other than Social ...

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