For his last term in office former President Joe Biden sign a new social security measure to ehance benefits for millions of ...

This trend heralds a departure from the usual model of continuously working for years until retirement age. Micro-retirement ...

A pension is a retirement account that an employer maintains to give you a fixed payout when you retire. It's a kind of defined benefit plan. Your payout typically depends on how long you worked ...

A pension is a workplace benefit that pays qualified retirees a lifetime income. Very few private employers offer pensions nowadays, and most have shifted to defined contribution plans such as 401 ...

One of the most common questions when people hear I am a financial planner is some version of "Do you think I am on track for retirement?" The reality is most people could be saving more ...

Pension savers breathed a sigh of relief last month when chancellor Rachel Reeves chose not to make any changes to the 25% tax-free cash in her Autumn Budget. There had been speculation that the ...

Pension drawdown, also known as flexi-access drawdown or flexible retirement income, allows retirees to access a portion of the money invested in their pension pots while leaving the remainder ...

Pension credit has been thrust into the spotlight since claiming it is now one of the main ways to qualify for the winter fuel payment. It’s estimated that hundreds of thousands of pensioners in ...

Learn how the Social Security Fairness Act may increase your retirement benefits by eliminating the Windfall Elimination ...

Sources of retirement income include Social Security, retirement accounts, pensions, dividends and employment wages. Retirees can expect to spend 70% to 80% of their pre-retirement income in ...