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 ...

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 ...

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 ...

Pensioners deciding between a cash flow stream and a lump sum should evaluate their needs, consider the trade-offs, and contract an advisor. Are you ahead, or behind on retirement? SmartAsset's free ...

The Powerball jackpot officially hit $1 billion on Monday, the game's fifth-largest grand prize. There are two payout options for the lucky winner: a lump sum of $483.8 million or an annuity worth $1 ...

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 ...

You can pay off student loans early with one lump sum. Use our student loan lump-sum payment calculator to see how much you could save. Many, or all, of the products featured on this page are from our ...

Lump sum investing involves putting all available money into the market immediately. Historical data shows lump sum investing often leads to higher long-term balances. Diversifying investments is ...

It's the difficult decision we'd all like to face. Do I take my lottery winnings in a lump sum or spread them out in annuity payments over time? There are pros and cons to either approach, experts say ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. As investors, we often hear the ...

Anam Bilgrami does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...