Cash, personal check, cashier's check, money order, wire transfer—it's all the same. It's a lump-sum purchase, and doing so ...
A car is one of the largest purchases you'll ever make. It's easily a five- (and sometimes a six-digit) purchase that could take you days, weeks, even months to properly research to ensure you get the ...
The latest changes to NPS withdrawal rules give corporate subscribers far more control at retirement, but they also shift ...
NPS reforms now allow non-government subscribers to withdraw up to 80% of their corpus under various conditions, a ...
The Social Security Administration still is doing a disservice by coaxing applicants into taking the optional lump sum cash payment when they sign up. The beneficiaries more than pay for it over the ...
Before deciding when to invest you have to figure out which assets you want to invest in. Overweight sectors or stocks make your portfolio more vulnerable. Invest more in stocks you already own, in ...
The decision of whether to take a lump sum or an annuity from your pension can be overwhelming. It’s a choice that significantly impacts your financial future, and there’s no one-size-fits-all answer.
A Gen Z lottery winner chose a less popular approach to her windfall, opting not to receive it in a lump sum. If time is on your side, like this young woman, it's not a bad plan, but choosing $1,000 a ...
Not many retirees or would-be retirees may be aware of this, but it’s possible to receive a lump-sum payment from their Social Security benefits – under the right conditions. If you have clients who ...
The U.S. Office of Personnel Management (OPM) recently emailed over 2 million federal employees an offer to pay eight months of salary in exchange for resignation. Initiated by the newly launched ...