The point of life insurance is to be able to leave your loved ones with a certain amount of money to keep them afloat after you’re gone. When you die, the life insurance benefit is paid out to the ...

You may be able to choose to receive a single lump sum payment representing six months’ worth of Social Security retirement benefits. The lump-sum option is only available to people who have reached ...

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, ...

If you’ve got a pension plan, such as a 401(k) or an IRA, and you’d like to access the vehicle’s funds, you can typically choose between monthly distributions, a lump sum payment or an annuity. The ...

Q: I have worked for the same company for over 20 years. When I was hired, there was a defined benefit plan that was discontinued a few years later. HR will require me to decide if I want to take a ...

Retirees facing a $400K lump sum or $2,000/month pension are not just picking a payout style, they are locking in how much ...

Workers with defined benefit pensions may be offered the chance to collect a one-time, lump sum payment instead of monthly pension benefits for life. Making this decision involves evaluating a number ...

Deciding between taking a lump sum or monthly payments involves assessing a number of factors, including some that are difficult to quantify. The two most important considerations may be when you will ...

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 ...

CMS is proposing a $9 billion lump sum payment to hospitals participating in the 340B Drug Pricing Program to make them whole from unlawful payment cuts from 2018 to 2022. The proposal comes after the ...