Planning how and when to withdraw money from your retirement accounts can have a big impact on how much of your savings you ...

Your spouse’s employer plan may force you into withdrawals sooner than you think. Here’s what you need to know.

If you’ve got a pension plan, such as a 401(k) or an IRA, and you’d like to access the vehicle’s funds, you can typically choose between monthly distributions, a lump sum payment or an annuity. The ...

Some companies want to limit their pension obligations by offering employees a one-time payout. Here's what you should consider.

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. After years of diligently saving a portion of your paycheck ...

Q: I have worked for the same company for over 20 years. When I was hired, there was a defined benefit plan that was discontinued a few years later. HR will require me to decide if I want to take a ...

The IRS issued a Private Letter Ruling on Section 402(c)(9), concluding that taxpayer, as the surviving spouse of the decedent, will be treated as having acquired the lump sum distribution ...

For some reason in 2023 and early 2024, there has been a wave of layoffs. And once you’re laid off, you have an old 401(k). Now you have options. Do I roll it to my IRA? That’s the most common option.

A new Department of Labor fiduciary rule is set to go into effect this September. The DOL is worried that financial advisors will put their own interests in front of their clients’ interests when it ...

A retirement saver who expects to receive income from a pension generally needs to account for income taxes in their retirement plan. Most pension benefits are subject to federal income tax and many ...