Retirement Living

What to Do With Your Pension Fund When You Retire

Rodney Brooks
August 14, 2020

Figuring out what to do with your company pension when you retire can be a bit more complicated than making a plan for your employer-sponsored 401(k) plan.

With a company or government pension plan, your choices can range from many to none. "Every pension plan is a little bit different from the other," says Christine Russell, a senior manager of retirement and annuities at TD Ameritrade. "When you can get the money out and how is almost completely up to the plan and how it is structured."

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