Most Powerball winners pick their payout option for emotional reasons and discover the tax consequences the following April.

Count yourself fortunate if you work for an employer that offers a traditional defined-benefit pension plan, which is an increasingly rare bird these days. In this case, when it comes time to retire, ...

A $610,000 pension lump sum sounds like freedom, but the monthly check comes with a guarantee that a dividend portfolio ...

It can be tempting to take a lump sum when you’re able to cash out a pension. Taking the money means you can use it immediately, and it could be your ticket to an early retirement. Do a break-even ...

A financial services company says a rising number of U.S. service members would support overhauling the military pension system so long as they receive a lump-sum retirement check. Almost half, or 46 ...