There is indeed a little-known Social Security claiming strategy that provides a lump-sum payment, but it’s not without its ...

Taking a lump sum from your pension can be a fantastic way to pay off your mortgage, help out the kids or boost your savings. But understanding the rules is crucial if you want to make the most of ...

Winning the Powerball is a dream come true, but deciding between an annual payout or a lump sum can shape your financial future.

One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly payments. At some point, you’ll have to make a decision, and this decision ...

Recasting lowers your monthly payment, but it doesn't shorten your mortgage or maximize interest savings. Making an extra principal payment won't lower your monthly payment but can reduce the total ...

SAN DIEGO — The Powerball jackpot has reached $1.8 billion for Saturday night's drawing, but winners choosing the lump sum option will take home far less than the advertised amount — about 30% after ...

The odds of winning an even bigger Mega Millions jackpot improve next week, but the tax consequences will remain just as complicated. On April 5, the price of a Mega Millions ticket is increasing to ...