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

Deciding between taking a lump sum or monthly payments involves assessing a number of factors, including some that are difficult to quantify. The two most important considerations may be when you will ...

What Is a Social Security Lump Sum Payout? Social Security retirement benefits are paid monthly. However, if you’ve passed your full retirement age and have not yet filed, you can claim retroactive ...

With a reverse mortgage, the bank gives you a lump sum of money you can use for meeting your needs. The loan is paid back ...

Lotteries in the high hundreds of millions are starting to seem commonplace. In August a Florida ticket was the sole winner for the largest Mega Millions jackpot in the history of the game so far, ...

Read this if you're thinking about retiring and taking the lump-sum option Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...