Unlike traditional accounts, Roth 401(k) plans have no required minimum distributions in retirement. The major differences between pensions and 401(k) plans can be summed up as follows ...

Learn the key differences between immediate and deferred annuities and how each may fit into your retirement strategy.

Here's what to consider when deciding between a lump sum payout or fixed monthly pension income.

If you have limited retirement savings outside of your pension, the joint-and-survivor benefit generally makes the most sense to protect the surviving spouse. Be careful what you choose ...

Here's an overview of the differences between provident funds and pension funds: A provident fund provides a lump sum benefit upon retirement, resignation, or termination. The accumulated balance ...

disadvantages and differences between a pension plan and a 401(k). As a workplace benefit, pensions give workers a monthly payment in retirement as long as they have met certain eligibility criteria.