A distribution policy is a helpful tool for ESOP companies to comply with distribution requirements while retaining maximum flexibility. In a prior article, we reviewed the rules governing ESOP ...

Q: I have worked for the same company for over 20 years. When I was hired, there was a defined benefit plan that was discontinued a few years later. HR will require me to decide if I want to take a ...

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 ...

A 403(b) plan is a valuable tool for retirement, providing a variety of options to manage and distribute your savings. After retirement, you can choose to take regular withdrawals, Required Minimum ...

Retirees facing a $400K lump sum or $2,000/month pension are not just picking a payout style, they are locking in how much risk, flexibility and security they want for the rest of their lives. The ...

Taxes are owed on retirement account contributions because those distributions are income similar to any other income you earn. The Tampa Bay Times e-Newspaper is a digital replica of the printed ...

Corporate employers have largely favored lump sum offerings as a means to settle pension liabilities, but changing market conditions could buck the trend this year. Terry Dunne, managing director for ...

Taking advantage of the special tax break for net unrealized appreciation on lump-sum distributions from a retirement plan most often was a fairly simple decision, but given all the tax changes that ...