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 ...

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 ...

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. Are you ahead, or behind on retirement?

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, ...