Retirees facing a $400K lump sum or $2,000/month pension are not just picking a payout style, they are locking in how much risk, flexibility and security they want for the rest of their lives. The ...

The power of compounding is one of the most-important tools that investors have at their disposal. Thanks to compounding, even small amounts of money can grow into huge savings over the long haul. By ...

Receiving a big lump sum can be a chance to strengthen your finances. From paying down debt to saving and investing, here are ...

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 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 companies offer a pension, it’s common to give retirees two options: collect the pension as a lifetime monthly payment or receive it as a lump sum at retirement. Monthly payments over time are ...

Investing in mutual funds often comes down to a classic showdown: Should you go all-in with a lump-sum investment or play it steady with a Systematic Investment Plan (SIP)? Both have their merits, ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. When it comes time to receive your pension, it can be ...

In a lump sum investment, you put a large amount of money into an investment all at once. This allows your money to start growing immediately, as the entire amount is invested from the beginning. Over ...

My wife died on February 1 this year. She was the recipient of a small pension paid from her former employer. I was aware that I had an entitlement to half her pension. However, when the offer letter ...