A lump-sum payment is a monetary sum paid in one single payment instead of allocated into installments. Lump sums are ...

However, a lump sum payment can, sometimes ... This is fine during your working life, when you can simply leave that money ...

If you get this offer, the most important questions to deal with include when you would you receive the payout, and how long you expect to live. The earlier you would receive a lump sum payout ...

The downside to electing this option is that it can leave your spouse with an income ... a premium to an insurance contract that would pay a lump sum to the surviving spouse or children if you ...

Getting the lump sum payout sooner increases the lump sum’s value, while living longer and receiving more monthly payments increases the pension annuity option’s value. Important ...

Pros and cons of drawing a lump-sum payment from the pension fund When drawing Pillar 2 funds, you can choose between a lump-sum payment, a monthly pension or a combination of the two. Our tips help ...

These vague lump sums were part of the final budget deal, which is deemed almost a sacred covenant, writes Rich Miller ...