If you're 73 or older, you are required to start taking withdrawals from your tax-deferred retirement accounts, such as ...

For federal employees weighing whether to leave the TSP, five certified financial planners offer their insights on what to be ...

Cash balance pensions are growing in popularity, but are they really a reliable strategy for securing wealth in retirement?

Inherited IRAs offer financial opportunities to beneficiaries but you must understand the 10-year rule to optimize your ...

He took home a lump sum payout of $651,000 after paying Uncle Sam his cut. Kendrigan snagged the lucky ticket in East Northport, at the Smoke & Beer convenience store located at 216A Laurel Road.

You're probably aware of required minimum distributions (RMDs) if you're retired or nearing retirement. But did you know that RMDs were first mandated in 1974, the same year individual retirement ...

NPS, on the other hand, allows you to withdraw 60% of the corpus as a tax-free lump sum and invest ... you will also be eligible for a lump sum payout amounting to 10% of the basic pay and DA ...

Danita Jane Wright, 65, chose the one-time lump sum payment option of $640,000, according to the Lottery's website that shows she cashed her ticket in on Jan. 8. State law allows for a 90-day ...