Breaking Down the Parts of Medicare

Generally, the different parts of Medicare help cover specific services. Most beneficiaries choose to receive their Parts A and B benefits through Original Medicare, the traditional fee-for-service program offered directly through the federal government. It is...

Retiring Soon With a Pension?

Here’s how rising interest rates can affect your lump-sum benefits KEY POINTS Many companies that offer traditional pensions give workers the option to take their benefits as a lump sum instead of as an annuity. The higher the rate used to calculate a lump sum — to...