Cash, personal check, cashier's check, money order, wire transfer—it's all the same. It's a lump-sum purchase, and doing so ...

A car is one of the largest purchases you'll ever make. It's easily a five- (and sometimes a six-digit) purchase that could take you days, weeks, even months to properly research to ensure you get the ...

The Social Security Administration still is doing a disservice by coaxing applicants into taking the optional lump sum cash payment when they sign up. The beneficiaries more than pay for it over the ...

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.

Lottery payments work in one of two ways: you get a lump sum or stream of annuity payments. Taxation varies by payout and can lower winnings by up to 50%. Winning the lottery would be a huge deal for ...

NPS reforms now allow non-government subscribers to withdraw up to 80% of their corpus under various conditions, a ...

A Gen Z lottery winner chose a less popular approach to her windfall, opting not to receive it in a lump sum. If time is on your side, like this young woman, it's not a bad plan, but choosing $1,000 a ...

Not many retirees or would-be retirees may be aware of this, but it’s possible to receive a lump-sum payment from their Social Security benefits – under the right conditions. If you have clients who ...

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 ...

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 ...