Retirees facing a $400K lump sum or $2,000/month pension are not just picking a payout style, they are locking in how much ...

If you are facing the choice between a large lump sum or monthly payments, you'll likely want to consider several key factors before making a decision. One concern is when you will receive the money, ...

Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important ...

If you participate in a pension plan through your workplace, you'll have to decide how you want to receive the payout when you retire. Pension plans typically offer two disbursement options: an ...

An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment. However, ...

When it comes to planning for retirement, figuring out how to create a steady income stream can be a daunting task. Many people spend decades building up savings in individual retirement accounts ...

"The new schemes have a minimum vesting period of 15 years. This means if you start investing at 30, you can exit at 45, ...

At the state level, Arkansas taxes lottery winnings as ordinary income. With the state’s top marginal income tax rate at 3.9% ...

For the Dec. 24 Powerball drawing, the advertised jackpot was about $1.817 billion, but the actual take-home amount depends ...