A pension plan promises to pay a defined benefit for the length of an employee’s retirement. Depending on your financial circumstances, you may consider taking a lump sum instead of a lifetime monthly ...

The decision of whether to take a lump sum or an annuity from your pension can be overwhelming. It’s a choice that significantly impacts your financial future, and there’s no one-size-fits-all answer.

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

When you're ready to change jobs or retire, should you take your 401(k) in a lump sum? In many cases, taking a lump sum is the worst thing you can do. You may not be able to manage the money ...

You have a client who participates in a defined benefit pension plan at work. She's near retirement, and needs to make a decision: take the money as a lump sum, or receive a monthly lifetime ...

The military retirement system has long been considered one of the best retirement offerings around. Unlike most of us who “hope” to retire in our 60s, after 20 years of service, military personnel ...

The cash windfall may sound like a great idea, but giving up your monthly pension payments could cause big problems later. Retirement is looking better and better. Your former employer just offered ...

GREENSBORO, N.C. (WGHP) — As the Powerball jackpot smashes another record and soars to an estimated $1.9 billion, you may be wondering what a win like that would actually look like. When you win the ...

There's a reason some people refuse to spend money on lottery tickets: With a one-in-292 million shotof winning a grand prize, you have a better chance of getting struck by lightning than walking away ...

Today, JJ is sharing his space with Josh Andrews. Josh is the Advice Director for Military Life in the USAA Enterprise Advice Group. He has primary responsibility for the development of USAA's points ...