To get a sense of potential annuity payments based on your lump sum, use an annuity calculator. Keep in mind that these calculations are estimates and may not accurately reflect the actual ...

Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves ...

"As we know tax rates are always changing," he said. "If you take a lump sum you are looking at a 39.6% rate. If you take an annuity over the next 30 years the rates will probably be very ...

Steady payments: Most people choose a monthly payout, also known as a "life annuity." Having that steady income can make for less stress than taking a big lump sum, especially if you aren't an ...

You purchase it with either a single lump-sum payment or a series of payments ... simply input the variables into any number of annuity value calculators and let the calculators do the math ...

You can certainly take a lump-sum payout, roll it into an IRA, and then use a portion of that IRA to buy something called an "immediate annuity" from an insurance company. Don't confuse this type ...

Often, the decision to take a pension annuity option over an available lump sum option rests on which ... historically pensions have used 4.5% to 7.5% to calculate their projection of benefits ...

It's a common lament that old-fashioned defined-benefit pensions—the kind that pay a guaranteed monthly income for life—are rare nowadays. And for public-sector employees, they might become ...

Weigh the pros and cons of pension payments versus a lump-sum. One is made for the remainder of a retiree's life. The other allows you to spend or invest the money.

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 ...