Pensions

Showing 50 results of 122

Retiring With a Pension? Four Things to Know

Mar 28 2025

The road to a secure retirement is slightly more intricate for people with pensions. Here are four key issues to consider to make the most out of yours....

kiplinger.com

Why “unretirement” may be the fate of so many Canadians

Mar 13 2025

Economic uncertainty, inflation and the decline of workplace pensions have left growing numbers of seniors unable to leave their jobs. The post Why “unretirement” may be the fate of so man...

moneysense.ca

[Reduction in Force] Part 18: Will I Get a Different Pension Calculation (and When)?

Mar 10 2025

ProFeds Founder, Chris Kowalik, explains the pension calculation that employees can expect if they are RIF’ed. KEY TAKEAWAYS: The pension formula The challenge of including military service The ...

fedimpact.com

[Reduction in Force] Part 7: Will I Lose My Pension if I’m RIF’ed?

Mar 10 2025

ProFeds Founder, Chris Kowalik, walks through the effect that a RIF will have on an employee’s pension based on their length of federal service. KEY TAKEAWAYS: Effect on pension if an employee h...

fedimpact.com

Still working at 65, but am eligible for pension from prior job. Do I take it?

Mar 08 2025

I am 65 YO and currently working. My previous job had a pension. I received a letter saying I am now eligible to draw that pension. Can I draw from this pension while still working? Should I ? Backgro...

reddit.com

Tracking down old pension? Any advice?

Mar 05 2025

Just received a notice from SSA that I may be eligible for a pension from a firm I worked at years ago. It’s not an insignificant amount. That company, though, was bought by another company, tha...

reddit.com

The Unsung Economic Engine: Retiree Pension Spending

Mar 03 2025

Retiree spending powered by U.S. private and public sector defined benefit pensions is substantial: $1.5 trillion in economic output, supporting 7.1 million jobs....

forbes.com

Who Is Trump Nominee Daniel Aronowitz, Tapped to Oversee Pensions?

Feb 25 2025

Aronowitz will manage the Employee Benefits Security Administration (EBSA), which protects pension, health, and other benefits and enforces ERISA protections....

kiplinger.com

UPDATE on the SSA.gov Site explaining when you will get your WEP/GPO correction amount

Feb 25 2025

SSA.gov - Social Security Fairness Act: Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) update (02/25/2025)...

community.aarp.org

Pension Buying Power with No COLA

Feb 14 2025

To maintain the buying power of a pension that has no cost of living adjustment, what percentage of the pension would need to be reinvested in the market each year? Suppose the pension is $30,000 and ...

reddit.com

DC Gains Lead Global Pension Assets to Record Level

Feb 11 2025

Markets with larger pools of defined contribution assets behind rise to $58.5 trillion...

401kspecialistmag.com

Inbox Questions | Will GPO Repeal Affect My Benefits?

Jan 25 2025

In this episode, we answer Lori’s question about whether the repeal of the Government Pension Offset (GPO) will increase her survivor benefits and how it could impact benefits for those with sim...

sites.libsyn.com

Will 2025 See More Action On Retirement?

Jan 09 2025

As employers look to retain workers and employees feel economic anxiety. the trend toward offering pensions to workers could continue in 2025....

forbes.com

Golden Handcuffs - To Retire or Not?

Jan 05 2025

I will hit 60 this new year. I retired from a long career with immediate pension and took a job at a Non-Profit after I was offered a position as a manager. The position pays very well and has amazing...

reddit.com

Inbox Questions | When Should You Use An LLC?

Dec 20 2024

We answer a question from a 44-year-old Pittsburgh bus driver earning over six figures annually who maxes out a Roth IRA, contributes 10.5% to a 457 plan, and is covered by a pension. He owns five ren...

sites.libsyn.com

Health Insurance Premiums through my pension

Dec 07 2024

I am 61 years old. I retired in 2023 and receive a pension. As part of that pension I am allowed to, and do, pay for the same health insurance that I was getting as an employee. The difference is I mu...

community.aarp.org

Federal retirement pension calculation question

Dec 02 2024

I’m a current federal employee, and I qualify for retirement with a pension. I know the approximate monthly pension amount as of the date I qualified. How do I calculate how much it increases as...

reddit.com

Lump sum and manage or pension?

Nov 16 2024

I (m 62) have some health concerns and would do 100% survivor for the wife (f56). She should be around a long time. Lump is 196K, annuity is $1053 a month for my life then her life I would need to mak...

reddit.com

IRS Announces Retirement Contribution Limits Will Increase In 2025

Nov 01 2024

The IRS has announced the cost‑of‑living adjustments for pension plans and other retirement-related items for tax year 2025....

forbes.com

Boeing Contract Vote Could Hinge on Improved 401(k) vs. Restored Pension

Oct 23 2024

Aerospace giant sweetens offer to end strike with better 401(k) benefits but many Machinists…...

401kspecialistmag.com

How Much is My Pension Worth?

Oct 05 2024

Learn how to value your pension with different methods, understand its worth, and make informed financial decisions for retirement....

physicianonfire.com

Distributions in retirement, annual or monthly?

Oct 05 2024

I think I know the right answer but …I plan to retire at some point next year and I know I have to roll my 401k and pension into a IRA but do most pull out the money on a monthly basis or pull ...

reddit.com

How Much is My Pension Worth?

Oct 04 2024

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...

ofdollarsanddata.com

It's almost that time (outsourced to retirement)

Oct 02 2024

My company outsourced my job and I am 62 next month. I have a 401k, pension and working younger wife. She is 56 will work another 4 to 6 years. Medical is covered via her work. I am on staff till Dece...

reddit.com

Should We Always Pull From our Brokerage Account First in Retirement? (Hint: No)

Oct 01 2024

Patrick and Mary will soon both be retired. They are curious about what their withdrawal strategy should be as they balance various retirement accounts, including a pension, IRAs, and a brokerage acco...

buzzsprout.com

When should I take my small monthly pension?

Sep 28 2024

I’m asking here because I have no one else to ask at this time. I have a very small monthly pension check that I can start collecting now. I am 61 years old and have been on SSDI since age of 40...

reddit.com

Canada Pension Plan Fall Short of Indexed Benchmark

Sep 25 2024

Canadian experience highlights the challenge of beating low-fee passive investments. I’m a great fan of the Canada Pension Plan (CPP) and often cite it as a wonderful example of how to add equit...

crr.bc.edu

In The Struggle For Public-Sector Workers, Pensions Help

Sep 11 2024

As government employers continue to struggle to recruit and retain employees, data make it clear that pensions help foster public service careers....

forbes.com

Need to be careful not to jump the gun

Aug 24 2024

...or maybe I don't. I got to "the number" in my retirement account, and I'll get a small pension (about $800/month), and social security. I'll be 60 in a couple of months. I'm also not happy with my ...

reddit.com

Pension Mistakes Can Last a Lifetime: How to Avoid Them

Aug 22 2024

Which pension option is right for you? To avoid costly mistakes, here are four key factors to consider....

kiplinger.com

Best States To Retire: Pension Edition

Aug 12 2024

Retirement really is an art, when you get down to it. There are so many things to consider when you’re ... Read more...

physicianonfire.com

Is the Kaiser Pension Worth It?

Aug 12 2024

Unlike most private employers these days, Kaiser offers a pension. We are occasionally asked if the pension is worth it? Here's our answer. The post Is the Kaiser Pension Worth It? appeared first on T...

whitecoatinvestor.com

pension/beneficiary questions

Aug 05 2024

Hi all, and thanks in advance. My spouse and I each have a pension. They are roughly the same. Does it make more sense for us each to just claim and draw our pensions, or does it make sense for us to ...

reddit.com

Managing Mom and Dad’s Money

Jul 19 2024

My Dad retired in 2002 with a 403(b) and lifelong teacher’s pension. Unsure of his retirement savings, some fellow retired teachers recommended a financial advisor who “specialized in reti...

retirebeforedad.com

What does it mean if your company will no longer fund its pension?

Jul 18 2024

I worked at a company headquartered in NC for 20+ years. That company was one if the few remaining companies to offer a pension. I have left the company but haven't started taking my pension. Word on ...

reddit.com

How Bobby Bonilla Day Can Help You Decide Whether to Take a Pension or a Lump Sum, Ep #220

Jul 16 2024

One of the retirement questions that persists through the ages is whether to take a pension or a lump sum payment. On this episode, we flesh out an example from baseball: Did Bobby Bonilla Day make th...

financialsymmetry.com

Micro Pensions in Developing Countries: Implications and Policy Relevance

Jul 11 2024

Abstract This paper reviews the theoretical and empirical literature on micro pension products for informal sector workers in developing countries. Micro pensions provide a mechanism that allows these...

crr.bc.edu

How to Decide the Right Time to Take Your Pension

Jul 10 2024

Learn how to calculate the impact on your pension from changing your start date and evaluate the value of your pension based on your financial situation. I recently received a question from a listener...

keilfp.com

Could this quick calculation be in the ballpark?

Jul 05 2024

In an attempt to determine whether I've got enough to retire on, I did some quick calculations: I calculated 4% of my current investments and combined that with my estimated pension to come up with a ...

reddit.com

Getting a sum payout upon retirement.

Jul 02 2024

My wife is retiring from her job with our state govt. She will be drawing a pension. She is not old enough for SS yet. She is going to receive a lump sum amount for accumulated vacation/sick time. Her...

reddit.com

Ask a Financial Pro: I'm Worried About Saving for Retirement. How Important Is It to Find a Job That Offers a Pension?

Jul 01 2024

With proper planning, you can have a perfectly secure retirement without a pension....

money.usnews.com

How to Get the Most Out of Your Pension

Jun 27 2024

If you’re expecting a pension when you retire, your decisions on how it’s distributed could have long-term effects on your financial security....

kiplinger.com

Pensions Are A Vital Workforce Tool For Retaining Public Safety Professionals

Jun 27 2024

As state and local governments struggle fill public safety positions, new research finds pensions play a critical role with worker retention....

forbes.com

State and Local Pension Plans Have Gained Nothing from Complex Investing

Jun 25 2024

They would improve transparency and most likely returns by investing in index funds. I must admit, I love it when research supports my gut. Hence, I am delighted to report the findings from the new st...

crr.bc.edu

What are some $ benefits retirees get?

Jun 25 2024

So i m retiring soon, my wife is already retired. As far as pension, healthcare, social security, 401K, taxes…. I m fine with these important aspects of retirement What i want to look at now is...

reddit.com

Should I stay a little longer for a better pension?

Jun 24 2024

I’ve been in my job for over twenty five years, and I’m looking forward to seeing what comes next after my pension is ready in just a few more. Not retiring, just moving on. I’ve had...

reddit.com

Did you retire too early or too late

Jun 19 2024

Hello! I’m eligible to retire at 60, but I worry it’s still too early. I’ll have a modest pension at that point (won’t cover all my expenses by any stretch) 401k, and health in...

reddit.com

How Do Public Pension Plan Returns Compare to Simple Index Investing?

Jun 18 2024

Thebrief’skey findings are: Public pension plans are increasingly relying on alternative investments and active management. But how does plan performance compare to a simple 60/40 index over var...

crr.bc.edu

Should You Take Your Pension as a Lump Sum?

Jun 06 2024

The answer depends on multiple factors, such as what your alternative investment options would be, whether you want to leave money to a beneficiary and more....

kiplinger.com

Dinosaurs Are Extinct. Pensions Are Alive And Well.

May 28 2024

Like dinosaurs, pension plans are fascinating, large, and strong. But unlike dinosaurs, pensions are not extinct. In fact, pension plans are alive and well today....

forbes.com