Depending on your age and your employer, a defined benefit pension could significantly shape your retirement outlook. The ...

These are pensions paid to a dependant such as the member’s spouse or child. They do not form part of the member’s estate and are not therefore subject to IHT. However, each pension payment is subject ...

From the planned active pension to pension increases and new retirement planning ideas from the federal government. What's ...

Pensions have been a cornerstone of retirement in America for decades. Imagine working for the same employer for decades, then receiving a guaranteed income after retirement. This was a promise of ...

The current retirement planning environment has shifted substantially over the past few decades. Pensions, once a staple of retirement income, are now far less common. According to the Federal Reserve ...

PRT activity in 2025 is expected to decline from 2024. The decline is largely driven by a decrease in jumbo transactions ($1 ...

Planning for retirement often focuses on maximizing income, but the fate of pensions after death is a crucial, yet often overlooked, aspect of estate planning. While the state pension typically ends ...

Illinois’ $143.5 billion state pension debt saw a tiny dip, but meaningful reform is needed to stop threats to taxpayers and ...

Half of retired Chicago pensioners make more than average working Illinoisans, but nearly 30,000 teachers won’t be eligible ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. Within two decades, China’s retirement-age population is projected to surpass the ...

A lump sum, on the other hand, gives you full control of the money, allowing you to invest it — potentially earning higher ...