For help evaluating a lump-sum offer, consider consulting a fiduciary adviser who is committed to acting in your best interest. The adviser can calculate the present value of your future pension ...

This is true because, much like the lump sum election for lottery winners, the amount is calculated by discounting all expected future payments to a current present value amount. If you are an ...

In this case, the monthly payments have a somewhat higher value, adding up to $594,000. However, because the lump sum would be invested for a longer period before she starts her withdrawals ...