Questions to ask yourself as you look at pension funds include: What will be the effect of inflation on the purchasing power ...
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 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. Follow 24/7 Wall St. on Google By David ...
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Lump Sum vs Annuity

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 ...
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 ...