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

An amount paid as one lump-sum will generally not be considered a support payment because it is not paid on a periodic basis. However, if periodic payments required by a court order or written ...

Possible causes of an abdominal lump include hernias ... If a hernia grows larger or additional symptoms present, a doctor may recommend a surgical procedure called a laparoscopy.

Is there a downside to taking your pension on a monthly basis vs. taking a lump sum? The monthly payments would be higher than the return I would get on the lump sum. There are certainly some ...

taking a lump sum? The monthly payments would be higher ... This could mean that the real value of your monthly benefit falls over time, which could prove especially challenging if you live ...

Plans that do not have features such as spousal payments and inflation protection can also reduce the value of the annuity option. However, when the lump sum will be paid is a key consideration.

But I have recently retired and took a lump sum from my pension ... because I would be paying a chunk of the property's value back to the mortgage lender and not benefiting from it myself?

Nearly three million federal and municipal workers will receive a lump-sum payment of thousands of dollars to make up for the shortfall in benefits they should have received in 2024 under a new ...