A lump sum payment is a one-time, usually large, payment made to an individual. This can come in the form of an inheritance, legal settlement, or lottery win. The recipient of a lump sum payment gains ...

After you retire, your income will mainly come from savings and Social Security. However, annuities provide an additional steady income stream to help you enjoy your golden years with greater ...

What Is a Lump-Sum Distribution? A lump-sum distribution is a significant amount of money that is paid out all at once, typically from a retirement plan or pension fund. It can also refer to a large ...

When you have a pension, you can likely receive it in one of two ways. Choosing annuity payments means you can receive guaranteed income for a lengthy period. Are you ahead, or behind on retirement?

Not many retirees or would-be retirees may be aware of this, but it’s possible to receive a lump-sum payment from their Social Security benefits – under the right conditions. If you have clients who ...

The U.S. Office of Personnel Management (OPM) recently emailed over 2 million federal employees an offer to pay eight months of salary in exchange for resignation. Initiated by the newly launched ...

When building wealth over time, two primary strategies often take center stage: dollar-cost averaging (DCA) and lump-sum investing. While historical data may favor one approach over the other, the ...

Deciding whether to invest a large sum of money all at once or spread it out over time gives investors two strategies to consider: lump-sum investing and dollar-cost averaging. Both have their ...

Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves weighing several personal factors. You need to consider how long you might ...

Filing for a Social Security retroactive lump sum can be tempting – but there are a few caveats. Find out if this retirement strategy is for you Claiming retroactive Social Security benefits can be an ...