For many individuals, receiving a lump sum is a key turning point in their lives.. When markets are uncertain, as they are today, it can be difficult to know when to put the resulting cash windfall to ...

Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves weighing several personal factors. You need to consider how long you ...

On retirement, you are allowed to take up of 25% of your personal private pension as a tax-free cash lump sum. The remaining 75% must be used to buy an annuity. The size of the tax-free lump sum ...

When faced with the decision of taking a lump sum pension payout or receiving monthly annuity payments, your course of action will depend on your individual circumstances. Key factors include your ...

FOUR major cost of living lump sums are being paid out to thousands of Irish people this week to "ease pressure and stress" on Irish households. Double Child Benefit, €400 lump sums for two ...

TALLAHASSEE – A Broward man has brought home more than one million dollars after taking a lump sum payment from a winning ...

You can take a tax-free lump sum from your pension when you turn 55. We explain how the rules work and what to consider before accessing your money in this way. When you save into a pension you ...

The earlier you would receive a lump sum payout, the more it will be worth to you in retirement. On the other hand, the longer you live to collect monthly payments, they can add up to be higher ...

Withdrawing a tax-free lump sum of up to 25 per cent from your pension is a popular perk at retirement. And people have raced to pull cash from their funds in the run-up to the Budget to protect ...

Martha A. Wiegand, former General Counsel of CONSOL Energy Inc., finalized her departure with a Separation Agreement that awards her a lump sum of approximately $695,425 and covers her COBRA premiums ...

Despite recent speculation, National Insurance contributions (NICs) will not be charged on employers’ pension contributions; and No changes were announced to members’ tax-free lump sums.

From the first double Child Benefit Payment, a Fuel Allowance Lump-Sum and the Living Alone Allowance payment, here's everything you need to know about social welfare and money changes this November.