Dear Quentin, When I leave my job, would I be better off taking a $61,000 lump sum to roll over into an existing IRA or, ...

A lump sum payout of $215,000 for the island's chief medical examiner's unused leave and other benefits will mean a new medical examiner and the existing staff can't be paid.

Some companies want to limit their pension obligations by offering employees a one-time payout. Here's what you should ...

Lump sum amounts will be determined using the Government Discount Rate, which is an annually approved rate that is currently 6.99%. Boomer: What is the negative side of taking the lump sum payout?

The lump-sum leave period is the employee’s annual leave projected forward for all work days the employee would have worked if he or she had remained in federal service, including holidays (even ...

With your lump sum payout in a Traditional IRA, you can convert all or some of the money into a Roth IRA. While you may pay taxes on the conversion, all future earnings and withdrawals are tax-free.

Benzinga explains the best ways to invest a lump-sum life insurance payment, helping you prepare for the future.

However, you can avoid taxes on a lump sum by rolling … Continue reading → The post How to Avoid Taxes on Lump Sum Pension Payout appeared first on SmartAsset Blog.

However, you can avoid taxes on a lump sum by rolling … Continue reading → The post How to Avoid Taxes on Lump Sum Pension Payout appeared first on SmartAsset Blog.

When I leave my job, would I be better off taking a $61,000 lump sum to roll over into an existing IRA or, instead, take $355 a month for life? I'm 49 and have no debt except for a mortgage with ...