When your pension matures, there are multiple distribution options that you can choose from. Unfortunately, many of these distribution methods result in a tax liability that reduces your payout.

Recently, the IRS released a revenue ruling announcing that it would not amend the required minimum distribution (RMD) rules in such a way as to prohibit pension plans sponsors from offering a lump ...

Retirees can use Internal Revenue Code Section 86(e) to attribute lump-sum payments to prior years and pay tax at those lower ...

Aging hippies who once fretted about the bad brown acid going around at Woodstock should now be on the alert for another, potentially treacherous, type of LSD — lump-sum distributions. Processing ...

Many traditional defined benefit plans, such as final average pay plans, offer a lump sum distribution as an optional form of benefit. The amount of the lump sum distribution is sensitive to the ...

I am a non-resident alien working in Oregon U.S.A. My assignment in the US will end at the end of 2007 and I will retire and return to Canada at that time. I plan to take a lump sum distribution from ...

If you’ve got a pension plan, such as a 401(k) or an IRA, and you’d like to access the vehicle’s funds, you can typically choose between monthly distributions, a lump sum payment or an annuity. The ...

Forbes contributors publish independent expert analyses and insights. I am passionate about pensions, recessions, IRAs and retirement. Recent changes by the IRS have perked up interest in companies ...

When companies offer a pension, it’s common to give retirees two options: collect the pension as a lifetime monthly payment or receive it as a lump sum at retirement. Monthly payments over time are ...

Companies that have been severely impacted by the pandemic have turned to early retirement offers as a way to reduce their workforce. If your employer has a defined benefit pension plan, your offer ...