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 ...

Major financial decisions aren’t easy, especially as you’re mourning the loss of your partner. You need to figure out which choice is better for you — taking a lump-sum payout now or claiming your ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Over 55s could leave themselves £63,000 worse off by taking their 25% pension tax-free lump sum early rather than leaving it invested, new research suggests. Someone aged 55 who decided to take out ...