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

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.

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Michael Adams is a former Cryptocurrency and ...

I’ve read that the Social Security Administration offers a lump-sum payment to new retirees who need some extra cash. I haven ...

In early August someone who bought a Mega Millions lottery ticket in Neptune Beach won $1.5 billion. I’m not a fan of lotteries, although I’ll buy a ticket very occasionally as part of a group. I do ...

The cash windfall may sound like a great idea, but giving up your monthly pension payments could cause big problems later. Retirement is looking better and better. Your former employer just offered ...

Combined income is your adjusted gross income plus any tax-exempt interest and half your Social Security benefit.

Manuel Franco would appear to be more than set for life after the 24-year old bagged the winning $768.4 million Powerball lottery ticket. The West Allis, Wisconsin, resident claimed his prize on ...