When companies offer a pension, it's common to give retirees two options: collect the pension as a lifetime monthly payment ...

You decide it’s time to move mom into an assisted living facility, but she has no retirement savings that you know of, and ...

While the question of what a default option should target is a valid one, it implies a couple of common misconceptions. First, it suggests that retirement happens at a particular point in time that ...

In a world of freedom and choice, the in-retirement stage of the defined contribution journey is potentially fraught with difficulty. Retirees, who normally seek flexibility and income security, must ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

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Bank of America launches new tool to turn retirement savings into a predictable income for employees at no extra cost.

A common fear among retirees is running out of money. Though inflation isn't as high as it was in previous years, the cost of living is considerably higher today than it was just five years ago, and ...

Shortfall requires more than $80 million over 25 years, according to documents, as the Christian Brother Service pension plan ...