You can get up to six months of retroactive benefits in a lump sum from Social Security, but should you?

The power of compounding is one of the most-important tools that investors have at their disposal. Thanks to compounding, even small amounts of money can grow into huge savings over the long haul. By ...

It can be tempting to take a lump sum when you’re able to cash out a pension. Taking the money means you can use it immediately, and it could be your ticket to an early retirement. Do a break-even ...

The U.S. Office of Personnel Management (OPM) recently emailed over 2 million federal employees an offer to pay eight months of salary in exchange for resignation. Initiated by the newly launched ...

The Unified Pension Scheme (UPS) is a new pension scheme for central government employees offering assured pensions, family pensions, minimum pensions, ensuring that both employee and employer (the ...

When you have a pension, you can likely receive it in one of two ways. Choosing annuity payments means you can receive guaranteed income for a lengthy period. Are you ahead, or behind on retirement?

When building wealth over time, two primary strategies often take center stage: dollar-cost averaging (DCA) and lump-sum investing. While historical data may favor one approach over the other, the ...