Winning the lottery is a dream come true for many, but deciding how to receive those winnings can be a real head-scratcher.

Lottery winners will also typically have the option to take a lump-sum payout versus yearly payments. Annuities provide a ...

If you have in fact inherited a qualified annuity, whether you choose to receive payments, take the full amount as a lump sum distribution or roll it into an inherited IRA will have specific tax ...

The issue of lump sum payment to pensioners at retirement under the Contributory Pension Scheme, CPS, has been an issue since the inception of CPS following the Pension Reform Act, PRA ...

For example, younger and wealthier pension-plan participants are more likely to take a lump sum. Men and married employees prefer them too, while women favor monthly pension checks. Both options ...

It’s important to note that most living annuities can be changed into a life annuity later if needed. However, once you ...

Finding a retirement financial advisor will require you to evaluate key traits and qualifications that align with your goals.