Retiring soon with a pension? How interest rates affect your benefits

Courtneyk | E+ | Getty Images One major decision facing near-retirees who are due a pension can be whether to take those benefits as an upfront lump sum rather than over time as an annuity. If you’re among those leaning toward a one-time payment and are edging close to retirement, it may be worth considering … Read more

I bonds to deliver a record 9.62% interest for the next six months

Marko Geber | DigitalVision | Getty Images If you’re eyeing ways to fight swelling prices, I bonds, an inflation-protected and nearly risk-free asset, may now be even more appealing. I bonds are paying a 9.62% annual rate through October 2022, the highest yield since being introduced in 1998, the US Department of the Treasury announced … Read more

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