Learn about lump-sum distributions, their tax implications, and when you might be eligible for one. Read on and find out more ...

A lump sum payment is a one-time, usually large, payment made to an individual. This can come in the form of an inheritance, legal settlement, or lottery win. The recipient of a lump sum payment gains ...

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.

The annuity contract will be funded by assets of the retirement income plan that it terminated, and Eastman Kodak said it doesn't expect to make any cash contributions to the deal. The insurer will ...