Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important questions to deal with include when you would you receive the payout, and how ...

When you’re looking ahead to retirement, the limitations of Social Security are one of the key things to be aware of. The sad ...

Life annuities have never been popular in Canada, even when payouts were higher than they are now. It seems most retirees ...

A lump sum, on the other hand, gives you full control of the money, allowing you to invest it — potentially earning higher ...

The couple holds $4.8M to $5M in retirement assets without counting home equity. The husband’s pension offers $2.9M lump sum at 60 or $15,600 monthly with survivor benefits. Their annual retirement ...

Mark Gleeson, senior technical manager for MLC, said on a recent webinar that those choices are either taking a disability ...

It's hard to imagine what it would be like to win Powerball's $1.9 billion prize. But the reality almost always falls far short of the fantasy. "The curse of the lottery losers is very real," said ...

Depending on your age and your employer, a defined benefit pension could significantly shape your retirement outlook. The ...