If you take the lump-sum payment, the entire winnings would be subject to income tax in that year, and you would be in the ...
However, if you anticipate upgrading your lifestyle after retirement (for example, more travel or higher ... Use these ...
Workers with defined benefit pensions may be offered the chance to collect a one-time, lump sum payment instead of monthly ...
You can estimate that rate of return with the ... annual annuity payment amount, and lump sum offered. For example, suppose you’re a 64-year-old woman and have the choice between $28,000 per ...