Raise Your Retirement Income Retirees look for ways to convert savings and investments into regular income. One option to consider is an annuity. Share | Related Content Social Security: By the Numbers Here are five facts about Social Security that might surprise you. Choices for Your 401(k) at a Former Employer Individuals have three basic choices with the 401(k) account they accrued at a previous employer. Retirement Plan Distributions There are a number of ways to withdraw money from a qualified retirement plan.