New requirements impact discontinued multiemployer pension plans, variable annuity formula plans, and PBGC-covered ...
Depending on your age and your employer, a defined benefit pension could significantly shape your retirement outlook. The ...
The Pension Benefit Guaranty Corp. (PBGC) last week applied to take over United's underfunded ground workers pension plan, while unions vowed court battles and possible strike action to prevent ...
Many U.S. corporate pension plans have seen funding levels materially improve in recent years. Strong equity markets and higher rates have put many plans near or above 100% funded. This is a critical ...
A lump sum, on the other hand, gives you full control of the money, allowing you to invest it — potentially earning higher ...