The major differences between pensions and 401 (k) plans can be summed up as follows: Pensions are primarily funded by ...

Federal employees receive a retirement benefit package that includes a pension, a tax-advantaged savings plan and Social Security. But many do not fully understand how these benefits work, and that ...

PNC and U.S. Bank are two financial companies that list pensions as a workplace benefit on their career pages. Firefighters ...

Workers offered pension payments in retirement are clustered in a few selected fields, including state and local government, utilities, protective services, transportation, construction, manufacturing ...

Pensions are disappearing from today’s workplaces, but a surprising share of retirees are still collecting one. Here’s what ...

A friend of the family sought my advice. When starting his first real job, he faced an unusual (although not unique) decision. He could join his company’s pension plan, or he could establish a 401(k) ...

Retirement does not end your tax bill. It changes where taxes come from, when they are triggered and how much control you have over them. Instead of wages and payroll withholding, retirees may rely on ...

Discover the typical retirement savings and income sources for Americans aged 75 and older, including pensions, Social ...

Some jobs become increasingly taxing as one ages. Airline pilots and air traffic controllers, for example, are subject to mandatory retirement ages. While not subject to mandatory retirement ages, ...

I keep reading about how people need increasingly large sums in pensions to be able to enjoy a decent retirement. How can I ...