Should I Take a $200,000 Lump Sum or $915 Monthly Payments for a Pension Annuity?

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 receive the lump sum and how long you will live afterward. Getting the lump sum payout sooner increases the lump sum’s value, while […] The post Should I Take a $200,000 Lump Sum or $915 Monthly Payments for a Pension Annuity? appeared first on SmartReads by SmartAsset.