If you participate in a pension plan through your workplace, you'll have to decide how you want to receive the payout when you retire. Pension plans typically offer two disbursement options: an ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

Choosing the right type of annuity payout depends on when you want payments to start, how long you want them to last and if you want a survivor’s benefit. Single-life annuities provide higher income ...

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time with his wife, two kids and two dogs. With a reverse mortgage, you ...

A straight life annuity is a form of annuity that makes payments for a single person’s life. It does not pay a death benefit, nor does it pay spousal benefits. The annuity payments end when the ...

Though we often hear that traditional pensions are all but extinct, there are still employers, big and small, who include them as part of their employee benefits packages. Should I Accept a Lump-Sum ...

Fixed deposits (FDs) are among the most reliable investment options, offering steady returns and financial security. For individuals seeking regular income, a monthly payout FD calculator becomes an ...