With this option, you would accept the single-life benefit, taking the highest annuity payment and then paying a premium to an insurance contract that would pay a lump sum to the surviving spouse ...

A fixed annuity is a type of annuity contract that provides a guaranteed return on contributions you make as a lump sum or over a set period of time. The period you make contributions to a fixed ...

Pensioners deciding between a cash flow stream and a lump sum should evaluate their needs, consider the trade-offs, and contract an advisor. 4 million Americans are set to retire this year.

$500 added to full-time base salary Varies per employee varies per employee Lump Sum, $500 Service Award Payable to part-time employees who have worked at least eight consecutive part-time years at ...

Exxon Mobil Corp. defeated a Fifth Circuit appeal by a former employee who said he was wrongly denied about $60,000 in ...

Ellen wrote, "I had planned to take my pension in a lump sum, approximately $450,000 mainly because I feel it can grow much more than receiving it monthly." However, she also acknowledged that ...

The $3,000 monthly pension amounts to $36,000 per year, which is about an 8% return on the $450,000 lump sum. This guaranteed income would be stable and unaffected by market fluctuations.