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.
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, ...
Forbes contributors publish independent expert analyses and insights. I am passionate about pensions, recessions, IRAs and retirement. Aug 09, 2022, 10:36am EDT Aug 09, 2022, 04:24pm EDT This article ...
You have a client who participates in a defined benefit pension plan at work. She's near retirement, and needs to make a decision: take the money as a lump sum, or receive a monthly lifetime ...
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?
The military retirement system has long been considered one of the best retirement offerings around. Unlike most of us who “hope” to retire in our 60s, after 20 years of service, military personnel ...
GREENSBORO, N.C. (WGHP) — As the Powerball jackpot smashes another record and soars to an estimated $1.9 billion, you may be wondering what a win like that would actually look like. When you win the ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. GREENSBORO, N.C. (WGHP) — As the Powerball ...