Deciding between taking a lump sum or monthly payments involves assessing a number of factors, including some that are difficult to quantify. The two most important considerations may be when you will ...

The couple holds $4.8M to $5M in retirement assets without counting home equity. The husband’s pension offers $2.9M lump sum at 60 or $15,600 monthly with survivor benefits. Their annual retirement ...

The Social Security Administration has now processed about 91% of cases related to a new law that is prompting higher benefits and lump-sum retroactive payments for nearly 3 million people, according ...

Civil service pension scheme failed to pay some pensions and lump sums after transferring to a new administrator.

Buying gilts (government debt) is another alternative to interest-bearing deposit accounts. Older gilts pay very low coupons ...