Showing 50 results of 276
Did IBM just kick off the next big trend in the world of employee retirement benefits? Big Blue made headlines recently when it announced plans to end its 401(k) matching contribution in favor of a ne...
I'm not great with numbers, and not financially all that savy, so here goes. Please be kind. ? I'm almost 60. I'm planning to retire next year. I have 32 years in a state pension (and other investment...
Long-term employees in these industries are often able to retire comfortably....
Coming up on 60, and beginning to try to organize my retirement. I'm in pretty decent shape, I think....have one pension that starts when I turn 60 that is almost 50K, and another that is about 28K, a...
Four decades into the 401(k) experiment, it shouldn’t come as a surprise that employers are reconsidering pensions....
Nobody Wants Responsibility For Your Retirement So They’re Passing The Buck To You. Do You Know How To Benefit? Key Ideas The reason retirement planning changed from socialized to personalized. ...
I have a vested pension that I can take at either 55 ($1700/mo) or 60 ($2000/mo). I plan on working till 65, so the current strategy is to invest the entire monthly pension payment while I’m sti...
As the downsides of 401(k)-style plans become apparent, workers and some companies, including IBM, are showing new interest in defined benefit plans....
I'll retire next year from a state government agency. I know the spousal benefits are reduced by two-thirds of the government pension. Assume that my pension only has two options: Monthly payments of ...
Planning to retire early? Joe and Big Al spitball on bridging the gap to your retirement income when there’s a pension in the mix, today on Your Money, Your Wealth® podcast 456. Manley and h...
Both my husband and I will have pensions, in planning our budget for retirement how do I know how much to subtract for taxes? Between the two pensions our monthly gross pay will be roughly $8,300 -$8,...
I have vested in a monthly pension through TCDRS (Texas County and District Retirement System). In 9 years I will be age 60 and old enough to draw on it, $3137 monthly for my life. BUT, if I wait 7 ye...
There is no reason smallish firms won’t start to sponsor them, many do, like dentist offices, because the permitted tax-qualified contributions are larger in DB than DC....
I will be retiring with generous pension, paid in social security for 40 years full time. I’m told they will tax my SS benefit about 85%. I’m holding off applying until I know for sure. I ...
It looks like Ford employees won't get pensions as part of the UAW agreement. But there's a good business case for a pensions....
Throughout history, pensions have been a way for employers to attract workers, especially when the labor market is tight....
Wondering if anyone has a pension & a Roth IRA account. Is it worth it? Is it too much? My company offers a pension that they pay in to, no cost to me. Our package is currently $70/month/year of s...
I am not sure if this is the right forum to post question. submitted by /u/afunbe[visit reddit] [comments]...
Yesterday, French workers amped up their protest over President Macron’s proposal to cut pensions by raising the retirement age from 62 to 64....
Or is there a better subreddit? Thanks! submitted by /u/iamsoouttahere[visit reddit] [comments]...
To explain, I went on disability 8 years ago after I was fired from my 28-year career (state government). I am entitled to retirement pension this month. HOWEVER, I now owe over $15k in med bills and ...
From Alaska to Florida, America’s state and local governments have been pushing their workers out of pensions into 401(k)-type retirement plans—misleadingly claiming the retirement benefit...
submitted by /u/Detroit3_1_3[visit reddit] [comments]...
Can't seem to find any meaningful work. My body just can't handle stuff I'm good at (type of work I'm doing now) and I've found that absolutely nobody wants to hire an old guy as a software developer....
I'll be receiving a lump sum cash pension when I eventually retire. How do I invest it? submitted by /u/Top-Specialist-9273[visit reddit] [comments]...
February 6, 2023 Welcome to another installment of my Safe Withdrawal Rate Series. See the landing page of this series here for an intro and a summary of all posts I’ve written so far. On the me...
Hello. I am 58 retiring at 60 with a public pension of $2700 and would have a base $1200 monthly SS (at full SS age 67) coming from pre-pension jobs. However, my SS is subject to the full monthly WEP ...
Im thinking about taking a job that would be a 40K pay cut but would give me a pension in 12 years. So just to have numbers to work with I make about 175,000 right now but the job Im considering is ab...
Funding your early retirement with a Defined Pension Plan is a fortunate thing to have. However, you may have serious decisions to consider before taking......
Not so long ago, cryptocurrency was sold to state and local government pensions as consistent with their ESG objectives....
Some states have pension exclusions with limitations based on age and/or income. But these states don't tax pension income at all, no matter how old you are or how much money you have....
Imagine you are on the verge of retirement and you have a pension plan with your employer. Every year you have to make two decisions regarding your plan. First, you have to decide whether to retire (a...
Next time you hear "people used to have a pension," think "people used to save 15-20% of their pay." Nothing stops you from doing so today, unless you don't want to....
I am in a fairly high stress position in the private sector. I am in my 50s, and looking at options. One option is to take a job with the state government. There are several positions that I am qualif...
Episode Overview Year-end planning doesn't have to become a giant project. Roger walks through the key items every retiree should put eyes on before December 31st -- not to do everything, but to avoid...
No more than a year or so out. Retirement would have been a couple of years ago but my divorce slashed my net worth, and pension in half. A high stress job and career for that matter, sr level technol...
So my spouse (58) and i (58) are considering retirement the end of next year. We are getting a bit nervous about it. When we do retire we should have $95k in retirement savings, $175k in hysa/cds. We ...
Looking for wisdom for retirement. Looking at retiring around 60 years old. Will have pension, 401k (roth and traditional), and funds in a brokerage account that should be plenty enough. Pension and S...
Considering retiring next year. After bills we're looking at roughly $900 to $1,000 "extra" cash each month. VA, SS, 401k distribution and pensions are the income streams. Bill include setting aside f...
Roth conversions can be a game-changer for retirees with pensions facing higher tax rates. Find out how much you know about conversions' impact on your money.
Hi - I have not been able to save a lot of money for retirement. I do have two pensions,I max out my HSA and have about $20k invested there, and about $20k in an emergency fund, and $200k in IRA type ...
Generous pensions can act as a safety net, but concentration risk and healthcare gaps still loom large for retirees. This week's Wealth Wise advice column breaks it down.
I'm getting close to retirement and would love to hear some real-world experiences. How old were you when you retired, and roughly how much did you have saved (401k, IRA, pension, investments, etc.)? ...
I retired 2.5 years ago from a company. Immediately, my income went up. My current income is made up of a pension from a previous government career; income from commercial rental property; and deferre...
If you have a pension and $1 million-plus saved, deciding when to take Social Security is about optimizing your taxes, legacy planning and long-term income.
Here's a look at how retirement savings have changed over the past fifty years, from pensions to DIY investing.
Hello, I am recently retired. I am not collecting SS yet. I am living off of my wife's small income and a severance I received from work. I have a very healthy 401k balance a few small pensions so we ...
My spouse retired earlier this year primarily due to health concerns. He’s taking his SS early at 64 and will be eligible for a small pension at the end of this year. I’m still working a job that does...
Back story: - 2015 Spouse retired at 65 and receives SS. - 2021 I retired at 64.6 and receive a monthly pension and SS. - Prior to retirement, we were able to save ~300K in cash. ~400K in 401. In 2014...
Tuesday, May 26 - Monday, June 01, 2026 Most Commented score comments title & link 124 89 comments Our Medicare Advantage Experience 13 32 comments Pension and Best Options for Retirement submitted by...