Personal Finance Advice and Commentary

Tuesday, December 15, 2015 4:12 pm
By Jennie L. Phipps · Bankrate.com

Longer life spans and paltry retirement savings are among the forces keeping older workers on the job longer.

Tuesday, December 08, 2015 4:51 pm
By Jennie L. Phipps · Bankrate.com

Many people are still expecting corporate defined benefit pensions, but will they get them?

Monday, January 05, 2015 1:55 pm
By Jennie L. Phipps · Bankrate.com

We’re living longer and that’s making it more expensive for companies to fund their old-fashioned defined benefit pension plans.

Thursday, October 02, 2014 2:50 pm
By Jennie L. Phipps · Bankrate.com

Should you be nervous? Prudential, the big dog in this business, says calm down. It has your back.

Thursday, September 11, 2014 9:34 am
By Jennie L. Phipps · Bankrate.com

Old-fashioned pension plans have disappeared over the last 15 years — and they aren’t coming back.

Tuesday, May 06, 2014 3:39 pm
By Jennie L. Phipps · Bankrate.com

Calculate what your pension might be if you worked for the government.

Thursday, May 01, 2014 4:02 pm
By Jennie L. Phipps · Bankrate.com

Savings rates among younger workers are inching up while older workers are socking money away in a last-minute effort to secure their retirement.

Monday, October 01, 2012 5:02 pm
By Jennie L. Phipps · Bankrate.com

Some experts are predicting that old-fashioned, defined benefit pensions will make a comeback, especially if interest rates rise significantly.

Tuesday, December 13, 2011 5:01 pm
By Jennie L. Phipps · Bankrate.com

Get ready to make a retirement planning decision. If you are eligible for a pension from a former employer that is worth more than $5,000, it is likely that early next year you’ll hear from that former employer offering you a lump-sum, cash-out option. This is one of the tenets of the Pension Protection Act,