Taking a lump sum from your pension can be a fantastic way to pay off your mortgage, help out the kids or boost your savings. But understanding the rules is crucial if you want to make the most of ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Choosing between a lump sum and an annuity can feel stressful because you want to protect your winnings and avoid unnecessary ...

For the first time in years, a retired teacher in Ohio, a former police sergeant in Massachusetts, or the widow of a federal ...

A retirement saver who expects to receive income from a pension generally needs to account for income taxes in their retirement plan. Most pension benefits are subject to federal income tax and many ...

For decades, a particular kind of federal widow learned to live with a strange arithmetic: her late husband paid into Social ...

Add Yahoo as a preferred source to see more of our stories on Google. On Friday night, someone could win a $1.22 billion Mega Millions jackpot. It might even be you or me. (Probably not.) Lottery ...