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 ...

Annuities provide retirees and near-retirees with a tax-deferred way to supplement their retirement income. By entering into a contract with an insurance company and making a lump-sum payment or a ...

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 ...

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 ...

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 ...