Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden ...

The winner opted to receive a one-time lump sum payment from the New York Lottery’s Xtreme Money scratch-off game.

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

Louisiana Senator Bill Cassidy said the Social Security Administration must implement the Social Security Fairness Act as ...

Dan Azouri of Forest Hills, Queens, has claimed a $1,000 A Week For Life second prize for matching the first five numbers ...

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 ...

The consideration is payable over 5 years in equal installments, interest free. The deal has been agreed. The purchaser has now offered to pay a lump sum of £9m upfront to vendor, to reflect the time ...

A woman in southeastern North Carolina beat odds of 1 in 1,354,380 to be the first jackpot winner in the aptly named ...

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 ...