I inherited a non-qualified annuity from my mom. I am on SSDI and I receive $1,800 per month. The annuity is worth $100,000.

With lump sum investing, all your money goes in on day one. If the market goes up from there, you'll be glad you got in early because any money you added after that would purchase shares at a ...

A friend had a £50,000 defined contribution pension which he had to liquidate during Covid. I had a defined benefit pension which was significantly larger but did not exceed the old £1m lifetime ...

L = Number of six-monthly completed years of service (i.e., every full six months of qualifying service counts as one unit). Illustrative examples of lump sum payment on superannuation or voluntary ...

When it comes to investing, timing can make all the difference. Should you invest all at once, spread your contributions evenly over time, or adjust your investments based on market performance? On a ...

She recommended considering a combination strategy, such as rolling over a portion of the lump sum into an IRA while using the rest to purchase an income annuity. This would provide a mix of ...

Settling where you will live and whether you want to buy a home may help clarify which option – the guaranteed monthly payments or a lump sum – is best for you. Let's break it down to review ...

At 65, you’re standing on the precipice of one of the most important financial decisions of your life: how to take your pension. Do you take the lump sum, which promises immediate access to a large ...