Federal Government Pensions Federal government employees often have pensions, but they generally don't have the option of taking a lump sum. In fact, when it comes to their pensions, they have very little to de
As mentioned, the reduced benefit that results from claiming at age 62 is permanent. However, it can be adjusted upward with annualcost-of-living adjustments (COLAs). For 2025, the COLA is 2.5%. To compare the benefits that you may receive at different ages, you can use theSocial Security...
recognize the loss, and then immediately buy a similar investment that will also satisfy their investment goals or portfolio allocation. For example, an investor may decide to sell their stock of The Coca-Cola Company (KO) and then immediately purchase a similar investment of...