When companies offer a pension, it's common to give retirees two options: collect the pension as a lifetime monthly payment ...

A major issue faced by investors while opting for a mutual fund is to decide whether to go for SIPs or lump sum investment.

Social Security beneficiaries who stood to see a boost in payouts as the result of a law approved earlier this month may have ...

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 ...

A New York City lottery player has won $4 million in a quadrupled Mega Millions prize. Vincent Lett of Brooklyn has claimed a ...