As you get closer to retirement, it becomes increasingly important to understand your options for accessing your pension – and how much tax you’ll need to pay. Following the introduction of ...

A frequently asked question regarding retirement for people fortunate enough to have a defined-benefit pension is…should you take the lifetime monthly pension or lump sum option? The process is ...

With buyout offers, when deciding whether to take it or leave it, a couple of calculations can be enlightening. This how-to guide walks you through the steps to help make the right choice for you.

When your pension matures, there are multiple distribution options that you can choose from. Unfortunately, many of these distribution methods result in a tax liability that reduces your payout ...

When you leave an employer and an employer-sponsored fund (pension, provident or umbrella fund), you will have to decide what ...

Lump sum vs. annuity: 6 factors to consider when making your decision Everyone’s financial situation is different, so it’s important to consider a few key factors — such as tax implications ...

One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly payments. At some point, you’ll have to make a decision, and this ...

Here's what to consider when deciding between a lump sum payout or fixed monthly pension income.

An annuity can provide a steady and reliable stream of income in your retirement years. The three common types have varying ...

Dear Quentin, When I leave my job, would I be better off taking a $61,000 lump sum to roll over into an existing IRA or, ...

Torn between a lump-sum payout and your pension? Explore the pros, cons and tax implications to make an informed decision.