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 ...

Count yourself fortunate if you work for an employer that offers a traditional defined-benefit pension plan, which is an increasingly rare bird these days. In this case, when it comes time to retire, ...

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

A financial services company says a rising number of U.S. service members would support overhauling the military pension system so long as they receive a lump-sum retirement check. Almost half, or 46 ...

Two government personnel disputes are making headlines these days. One involves area politicians — County Executive Kevin Kamenetz of Pikesville and Councilwoman Vicki Almond of Reisterstown. The ...