A pension plan is a retirement account funded and managed by your employer, guaranteeing income for life after you retire. Unlike a 401(k), a pension doesn’t rely on the stock market — your employer ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

The generosity of pensions provided to public-sector workers has come under increased scrutiny as states and local governments search for ways to close their budget deficits. The intense and ongoing ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. He has ...

Our multiemployer pension plan example offers several lessons including this: It is not enough for an employer in a multiemployer pension plan to abide by its contractual obligations. It must closely ...

Pensions aren't as common as they used to be, but there are a number of careers that offer them, especially in the public sector. 401(k)s have replaced pensions at a number of jobs. Both can be ...

Data from the Bureau of Labor Statistics indicate that just 15% of private industry employees have access to a pension, also known as a defined benefit plan. Employers began moving away from these ...

Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important ...