Deciding whether to take a $400,000 lump sum or monthly pension benefit of $2,000 requires calculating the relative value of each option. Generally speaking, the sooner you can receive the lump sum, ...

Questions to ask yourself as you look at pension funds include: What will be the effect of inflation on the purchasing power of your future dollars?

Deciding between a pension lump sum and an income stream involves calculating the "present value" of future payments. Factors like your health, life expectancy, and the impact of inflation on future ...