Quick Read A 64-year-old federal employee can elect a $58,000 single-life FERS pension and purchase a 20-year term life policy for roughly $3,200 annually, netting $2,800 extra cash flow yearly versus ...

The shift away from pensions (also known as defined benefit plans) to 401ks and other employer-sponsored plans (also known as defined contribution plans) is unlikely to abate anytime soon. Yet even as ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...

Your employer doesn’t want to be in the pension business. It’s too expensive. Low interest rates force employers to beef up their pension contributions or invest in riskier assets to meet their plans’ ...

This is the third article in a three-part series on pension election decisions. Today, I will look at a strategy to maximize your pension. As the name suggests, pension maximization can help you to ...