One important point to keep in mind: If you roll over the lump sum into a standard IRA, you’ll defer taxes on the distribution. Without a rollover, you’ll be hit with a big tax bill the year ...

It’s up to you to determine if the risk is worth the reward. This one is pretty simple: If you do a lump-sum rollover into your IRA, it becomes an asset in your estate. That means when you and ...

If you have in fact inherited a qualified annuity, whether you choose to receive payments, take the full amount as a lump sum distribution or roll it into an inherited IRA will have specific tax ...

The ERISA consultants at the Retirement Learning Center (RLC) address a question on whether a client who wants to take an in-service distribution from his 401(k) and roll it to an IRA should roll the ...

Mega Millions Jackpot Soars Past $1 Billion. On Friday night, one lucky individual could be starting the New Year with a bang ...

The precise terms vary. For example, eligible members of Florida’s Retirement System pension plan have the option of taking ...

Powerball prize jumped from $20 million to $220 million for Monday, Jan. 6, 2025. Will a $2 ticket make you a multimillionaire?

Castro claimed his one-time lump sum winnings on Valentine’s Day 2023 ... Those numbers mean another rollover. The Powerball ...

Feeling lucky? “It could happen to you!” In just a few weeks, Powerball lottery jackpot has jumped from $20 million to $240 million.