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2. Lump sum payout vs. annuity from a pension: How to decide - AOL

   www.aol.com/finance/lump-sum-payout-vs-annuity...

   A lump sum is a one-time payment representing the total value of your accrued pension benefits, discounted to reflect the time value of money.

3. For My Pension Payout, Should I Take a $48,000 Lump Sum or ...

   www.aol.com/48-000-lump-sum-462-113000982.html

   A pension plan is a retirement benefit offered by some employers. Basically, it offers you a guaranteed amount of money every month starting in retirement and lasting for the rest of your life.

4. Worried about outliving your savings? How to plan your ...

   www.aol.com/finance/maximizing-returns-from...

   Not sure how to draw down your retirement savings? Look to this strategy for maximizing your money.

5. Retirement - Wikipedia

   en.wikipedia.org/wiki/Retirement

   Retirement calculators vary in the extent to which they take taxes, social security, pensions, and other sources of retirement income and expenditures into account.

6. Congressional pension - Wikipedia

   en.wikipedia.org/wiki/Congressional_pension

   Congressional pension is a pension made available to members of the United States Congress. As of 2019, members who participated in the congressional pension system are vested after five years of service.

7. Pensions in the United States - Wikipedia

   en.wikipedia.org/wiki/Pensions_in_the_United_States

   Pensions in the United States Average balances of retirement accounts, for households having such accounts, exceed median net worth across all age groups. For those 65 and over, 11.6% of retirement accounts have balances of at least $1 million, more than twice that of the $407,581 average (shown). Those 65 and over have a median net worth of about $250,000 (shown), about a quarter of the group ...