When companies offer a pension, it's common to give retirees two options: collect the pension as a lifetime monthly payment or receive it as a lump sum at retirement. Monthly payments over time are ...

In the world of r/ChubbyFIRE on Reddit, someone always wants or hopes to hit a specific number, so they can call it quits on ...

You hear it all the time with big lottery winners, they choose to take the lump sum instead of the yearly payout. A big pile of cash all at once sounds fun, right? But should you treat your pension ...

Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden ...

Depending on your age and your employer, a defined benefit pension could significantly shape your retirement outlook. The ...

Vanguard has announced a new 401(k) fund that allows older employees to buy annuities. But are these complex financial products right for all retirees?

Here’s what to know when a legal settlement is paid over time rather than all at once and how it might affect your finances and your future Written By Written by Staff Money Writer, WSJ | Buy Side ...

A lump sum, on the other hand, gives you full control of the money, allowing you to invest it — potentially earning higher ...