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, ...

Taking a lump sum from your pension can be a fantastic way to pay off your mortgage, help out the kids or boost your savings. But understanding the rules is crucial if you want to make the most of ...

The decision of whether to take a lump sum or an annuity from your pension can be overwhelming. It’s a choice that significantly impacts your financial future, and there’s no one-size-fits-all answer.

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

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 ...

Ford recently gave its employees in the U.K. the option of taking half of their defined benefit pension as an immediate cash lump sum and leaving the other half as a company pension. Lots of American ...

Is there a downside to taking your pension on a monthly basis vs. taking a lump sum? The monthly payments would be higher than the return I would get on the lump sum. There are certainly some ...

Traditional pensions are an endangered species in the private sector. But if you're lucky enough to have one, you may face a choice at retirement: Take the money as a lump sum, or as a monthly ...

Every week, Allworth Financial’s Amy Wagner and Steve Hruby, CFP, answer your questions. If you, a friend, or someone in your family has a money issue or problem, feel free to send those questions ...

A reader is concerned about the future of the tax-free lump sum, which was subject to speculation at the Budget ...

NPS subscribers can now withdraw up to 80% of their retirement corpus as a lump sum, but the income tax law still exempts ...