Workers with defined benefit pensions may be offered the chance to collect a one-time, lump sum payment instead of monthly pension benefits for life. Making this decision involves evaluating a number of factors, including the lump sum amount, the amount of the monthly payments and the age of the recipient when the offer is made. […]
Sonja Morgan’s Upper East Side townhouse was basically a cast member during her time on The Real Housewives of New York City. The brown ice, the elevator, the toilet clogs – all iconic. However, a new owner will soon be using the luxurious bidet to wash their unmentionables. After years on and off the market, […]
Deciding whether to take a $400,000 lump sum or monthly pension benefit of $2,000 requires calculating the relative value of each option. Generally speaking, the sooner you can receive the lump sum, the more value it will have since you can invest it over a longer period. The monthly payment option may be more valuable […]
If you have a pension, your employer will usually give you a choice at retirement: buyout or payments. It’s important to review this carefully. In broad terms, many make this choice based on expected lifetime returns. If you take and invest the buyout, what can you reasonably expect in portfolio returns? How will that expectation […]
Donald Trump’s latest complaint outside the New York courthouse hosting his hush money trial is down to one thing, said critics on social media. And that is “projection.” The presumptive GOP presidential nominee on Tuesday repeated his baseless allegation that President Joe Biden is behind his prosecution and is trying “to injure his opponent” because […]
MALAKOFF, Texas (KETK) – The Henderson County Sheriff’s Office said that they arrested a woman on Saturday after suspected cocaine and a ‘large sum’ of cash was found during a traffic stop. Hawkins residents raise concerns after police officer fatally shoots barking dog Courtney Dawson, 29 of Malakoff, was arrested after Henderson County narcotics investigators […]
(Bloomberg) — China sold a record amount of Treasury and US agency bonds in the first quarter, highlighting the Asian nation’s move to diversify away from American assets as trade tensions persist. Most Read from Bloomberg Beijing offloaded a total of $53.3 billion of Treasuries and agency bonds combined in the first quarter, based on […]
When companies offer a pension, it’s common to give retirees two options: collect the pension as a lifetime monthly payment or receive it as a lump sum at retirement. Monthly payments over time are the format that most people associate with pensions. However, a lump sum payment can, sometimes, be the better option. Depending on […]
LONDON (AP) — Hugh Grant accepted “an enormous sum of money” to settle a lawsuit accusing The Sun tabloid of unlawfully tapping his phone, bugging his car and breaking into his home to snoop on him, the actor said Wednesday after the agreement was announced in court. Grant said he reluctantly settled because of a […]
LONDON (AP) — Hugh Grant received “an enormous sum of money” to settle a lawsuit accusing The Sun tabloid of unlawfully tapping his phone, bugging his car and breaking into his home to snoop on him, the actor said Wednesday after the agreement was announced in court. Grant, who along with Prince Harry had sued […]
Financial advisor and columnist Brandon Renfro I recently learned that I am the beneficiary of an annuity in the amount of $54,845 from a friend. I was given choices on how to receive the money: lump sum, roll it over or defer the payments over a certain number of years. I don’t have anything saved […]
One of Gary Glitter’s victims is seeking around £500,000 (€580,000) from the disgraced musician in damages, the High Court in London has heard. The woman is suing Glitter, whose real name is Paul Gadd, following his 2015 conviction for abusing her and two other young people between 1975 and 1980. She has previously secured a […]