• You can benefit from next year’s pension changes even if you’re retiring now

    …They don’t make old people like they use to do they? Once upon a time they were all hunched over and angry, and now they’ve all got tracksuits and dancing lessons. Either way, if you’re old and planning to collect your pension next year, you’ll have more options than ever to take your cash and run. If you’re retiring this week, you can also…

  • Take the pension buyout, or wait for a better deal down the road?

    … If you work for a company with a pension plan, don’t be surprised if you get an offer soon for a lump sum buyout – a deal where you accept a pile of cash in exchange for the promise of lifetime income when you retire. The price tag for these offers is especially attractive right now, from the plan sponsor’s perspective. But workers might do…

  • Why Congress needs to reform multi-employer pensions – now

    … The window is closing on our last best chance to protect the pensions of 10 million American workers and retirees. These workers are in multi-employer plans – traditional defined benefit pension plans jointly funded by groups of employers in industries like construction, trucking, mining and food retailing. Although many of the country’s 1,400…

    6 readers - RetirementRevised
  • Boost your pension by 258% with this one clever trick

    … No, it’s not a dodgy Facebook ad – it’s TRUE. People in their 50s and 60s can stand to triple their pension pot by joining new company pension schemes and boosting their contributions. Many older people don’t bother with new pension schemes, thinking that they’re too old to get the benefits. But new pension reforms mean that they can up…

    3 readers - BitterWallet
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