If you are facing the choice between a large lump sum or monthly payments, you'll likely want to consider several key factors ...

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

Lump Sum vs. Monthly Payments A pension beneficiary who is offered $250,000 in a single payment in lieu of $2,750 monthly payments for life can start by calculating the potential cumulative value ...

Lump Sum: Highly dependent on market timing. A poorly timed investment during a market peak can lead to lower returns. SIP: ...

For example, someone with a lot of high-interest debt might be better off with a lump sum that would let them pay off their loans. On the other hand, someone who is not confident in their ability ...

For example, let's take your annual individual ... First, you don't have to find a lump sum if you don't already have one, so it's kinder on your cash flow. Once a PCA direct debit is set up ...

Here are the steps in Excel: To see how this all works, let’s look at an example. In Figure 1, I compare a lump-sum offer of $500K to the 100% joint survivor pension option, which is $25K a year.

Clients who have reached their full retirement age (FRA) may be eligible to claim up to six months’ worth of benefits, paid in one lump sum. For example, let's assume you have a client that ...

There’s a cost to taking the lump sum: your retirement date, and the amount of your monthly benefit, is rolled back six months. For example, Max Profits contacts Social Security and says he ...

For example, if you decide to forgo a monthly pension benefit, you may roll over the lump sum to an IRA or to your current employer’s 401(k) plan with no immediate tax consequences. Future ...

For example, if you choose to receive your pension ... On the plus side, the lump sum option provides maximum flexibility, since you can decide how much to withdraw and when.