As you get closer to retirement, it becomes increasingly important to understand your options for accessing your pension – ...
A pension plan is a retirement account funded and managed by your employer, guaranteeing income for life after you retire. Unlike a 401(k), a pension doesn’t rely on the stock market — your employer ...
Ashley Donohoe is a personal finance writer, Financial Planning and Wealth Management Professional and Certified Financial Education Instructor based in Cincinnati. She covers banking, loans, ...
The U.S. Office of Personnel Management (OPM) recently emailed over 2 million federal employees an offer to pay eight months of salary in exchange for resignation. Initiated by the newly launched ...
A few weeks ago I saw a tweet that said that Tim Walz, the Democratic vice presidential candidate, had a net worth of around $330,000. I didn’t know much about Walz at the time, but I did know that he ...
The Social Security Administration announced a 2.8% cost-of-living adjustment (COLA) for 2026. Starting in January, the ...
Planning for retirement often focuses on maximizing income, but the fate of pensions after death is a crucial, yet often overlooked, aspect of estate planning. While the state pension typically ends ...
Employers are required to enrol almost all of their employees in a workplace pension scheme once they start working – a process known as automatic enrolment. You and your employer will then pay ...
Gen X faces retirement shortfalls while supporting kids and aging parents. Most Gen Xers lack pensions and must self-fund retirement. Strategic planning, not panic, can change the trajectory at ...
Interest rates have been cut from 4% to 3.75%. For pension savers and retirees the effects of the drop will depend on the ...