Weigh the pros and cons of pension payments versus a lump-sum. One is made for the remainder of a retiree's life. The other allows you to spend or invest the money.

You can certainly take a lump-sum payout ... IRA to buy something called an "immediate annuity" from an insurance company. Don't confuse this type of annuity with the ones people use as tax ...

You can roll the lump sum into an IRA, then use a portion of that IRA to buy an immediate annuity from an insurance company. Don't confuse this type of annuity with the ones people use as tax ...

Note that you are not allowed to transfer the assets into an existing IRA account, if you have one. The second option is to take a lump sum ... tax consequences. In most cases, you’ll have to ...

Most non-spouse heirs can no longer spread inherited IRA distributions over their lifetime. Spreading out withdrawals may lower tax ... pay a smaller percentage in taxes compared to making a lump ...

You can take the pension lump sum and roll it tax-free into ... an annuity in an IRA. Certain annuities provide a steady monthly income stream that may mirror the pension payout, but still allow ...

Some people choose to take a lump sum and roll it into an IRA, managing ... but spousal payouts are important for many married couples. What are the potential tax implications (e.g., will your ...