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 ...

Deciding between taking a lump sum or monthly payments involves assessing a number of factors, including some that are difficult to quantify. The two most important considerations may be when you will ...

You can get up to six months of retroactive benefits in a lump sum from Social Security, but should you?

Buying gilts (government debt) is another alternative to interest-bearing deposit accounts. Older gilts pay very low coupons — or interest — taxed at your marginal income tax rate. To compensate, ...

This explains why choosing between lump sum and monthly payouts is as important as coverage amount. The right structure helps ...

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 ...

This article will explain the rule changes in clear terms and highlight the key operational and tax points you should ...

This is an archived article and the information in the article may be outdated.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) — If you’ve ever ...