The power of compounding is one of the most-important tools that investors have at their disposal. Thanks to compounding, even small amounts of money can grow into huge savings over the long haul. By ...
Forbes contributors publish independent expert analyses and insights. I am passionate about pensions, recessions, IRAs and retirement. Recent changes by the IRS have perked up interest in companies ...
Deciding whether to take a $400,000 lump sum or monthly pension benefit of $2,000 requires calculating the relative value of each option. Generally speaking, the sooner you can receive the lump sum, ...
Cindy Levering, a retired consulting actuary for Aon, used to do detailed calculations for non-profit and for-profit clients, helping them manage their defined benefit pension plans. Now she’s helping ...
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.
Read this if you're thinking about retiring and taking the lump-sum option Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five ...
Over the next few weeks some 42,000 white-collar General Motors retirees will take a crash course in actuarial math. The company is ending their pension plan, forcing a decision on whether to take a ...