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.

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 building wealth over time, two primary strategies often take center stage: dollar-cost averaging (DCA) and lump-sum investing. While historical data may favor one approach over the other, the ...

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?

NPS reforms now allow non-government subscribers to withdraw up to 80% of their corpus under various conditions, a significant increase from the previous 60% limit. This change offers greater ...

An email sent this September to some retirement-eligible Ford Motor salaried workers captured the lump sum pension dilemma of 2022 rather bluntly. The Ford email — subject line "Important Information ...

2 billion-dollar lottery jackpots for Mega Millions and Powerball were purchased at a Florida Publix. The amount? $1.58 billion and $1.586 billion. In Florida, stores that sell winning Mega Millions ...

Edwin Castro of Altadena, California, who won $2.04 billion Powerball lottery Nov. 7, 2022, opted for the lump sum, which was ...