Pensioners deciding between a cash flow stream and a lump sum should evaluate their needs, consider the trade-offs, and contract an advisor. Are you ahead, or behind on retirement? SmartAsset’s free ...

Deciding whether to take a $400,000 lump sum or monthly pension benefit of $2,000 requires calculating the relative value of each option. Generally speaking, the sooner you can receive the lump sum, ...

The Sixth Circuit Court of Appeals ruled in Carol J. Negron v. U.S., docket no. 07-4460, that the IRS annuity tables of IRC § 7520 provide a realistic and reasonable estate valuation of a state ...

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 ...

One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly payments. At some point, you’ll have to make a decision, and this decision ...

Lottery payments work in one of two ways: you get a lump sum or stream of annuity payments. Taxation varies by payout and can lower winnings by up to 50%. Winning the lottery would be a huge deal for ...

I Won the Lottery! Does It Make More Sense to Take the Lump Sum or Annuity Payout? So you’re the lucky winner with a golden lottery ticket. One big question remains before the prize money can hit the ...

What Is a Social Security Lump Sum Payout? Social Security retirement benefits are paid monthly. However, if you’ve passed your full retirement age and have not yet filed, you can claim retroactive ...

The Social Security Administration still is doing a disservice by coaxing applicants into taking the optional lump sum cash payment when they sign up. The beneficiaries more than pay for it over the ...

An email sent this September to some retirement-eligible Ford Motor salaried workers captured the lump sum pension dilemma of 2022 rather bluntly. The Ford email — subject line "Important Information ...

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?