Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...
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 ...
Pensions are disappearing from today’s workplaces, but a surprising share of retirees are still collecting one. Here’s what ...
If your pension has been turned over to an insurance company, it’s very important to keep track of any letters or other ...
Traditional pensions are a workplace benefit and provide lifetime income to qualified workers. Most private employers have ...
Traditional defined benefit pensions — once the cornerstone of retirement security — have largely vanished from the workplace as employers moved the responsibility for saving and investing onto ...
Jeff Stevenson is CEO of October Three, an actuarial and consulting firm specializing in modern retirement plan design and administration. Pension risk transfer (PRT) is used to reduce a plan ...
For years, people have been able to build up retirement pots safe in the knowledge that when they die, these can be passed to their family free of inheritance tax (IHT). From April 2027, this will ...