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Retirement Living

What to Do With Your Pension Fund When You Retire

Rodney Brooks
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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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