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 ...

Winning the lottery is a dream come true for many, but deciding how to receive those winnings can be a real head-scratcher.

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 ...

Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden ...

In the world of r/ChubbyFIRE on Reddit, someone always wants or hopes to hit a specific number, so they can call it quits on ...

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 ...

If you are facing the choice between a large lump sum or monthly payments, you'll likely want to consider several key factors before making a decision. One concern is when you will receive the money, ...

The Powerball jackpot reached a record-high $1.73 billion after no one claimed the top prize on Monday’s drawing. If a winner is announced on Wednesday, it would be the second-largest Powerball prize ...

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 ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Should you take the lump sum or receive monthly payments ...

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 ...

With a $1 billion Powerball jackpot prize on the line, having a plan in place is not only smart, but very necessary. Here's ...