The National Pension System (NPS) now allows retirees to systematically withdraw 60% of their corpus while the remainder ...

The winner of Friday’s Mega Millions lottery drawing will receive an estimated $1.22 billion — the fifth-biggest jackpot in the game’s history — but only if they forgo the immediate lump-sum payment ...

Payment of lump sum under the Contributory Pension Scheme, CPS, at retirement is very important to a potential pensioner ...

When considering where to put your money for retirement, you may have to choose between an IRA and an annuity. These ...

If you have a pension, your employer will usually give you a choice at retirement: buyout or payments. It’s important to review this carefully. In broad terms, many make this choice based on expected ...

It’s important to note that most living annuities can be changed into a life annuity later if needed. However, once you ...

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Let's say you won $1 billion Mega Millions jackpot. Is it better to get a truckload of cash at your house now, or guaranteed payments for 30 years?