Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves ...

However, a lump sum payment can, sometimes ... And let’s assume that your pension is fixed, with no inflation adjustments.

You purchase it with either a single lump-sum payment or a series of payments ... simply input the variables into any number of annuity value calculators and let the calculators do the math ...

It's a common lament that old-fashioned defined-benefit pensions—the kind that pay a guaranteed monthly income for life—are rare nowadays. And for public-sector employees, they might become ...

Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves weighing several personal factors. You need to consider how long you ...