Key Points Taking a lump sum payout on a pension could mean shorting yourself on income overall. It’s important to calculate ...

• A man would receive approximately $2,287 per month. • A woman would receive slightly less, about $2,196 per month. • A ...

Explore life settlements, a little-known option to turn your unwanted coverage into a substantial cash payout. You may be surprised to know that over $140 billion of life insurance representing ...

If you have a permanent life policy, it builds cash value, which you can borrow from. If you fail to pay back your life insurance loan with interest, the outstanding amount may be deducted from ...

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

add the money to your cash value, or use it to pay premiums or anything else you like. With universal life insurance your cash value typically grows at a guaranteed minimum interest rate ...

What is cash value? Cash value is money that accumulates as you pay your monthly premium on a permanent life insurance policy. You can use this money to save or invest, which increases your policy ...

They’re entitled to a pension from work, and they have the option to either take about a $100 monthly payout for the rest of their life, or cash out their pension at around $24,000. I’m sure ...

Immediate Cash: One of the primary benefits of a life settlement is that it provides an immediate cash payout to the policy owner. This can be particularly useful if the policy owner is in need of ...