I inherited a non-qualified annuity from my mom. I am on SSDI and I receive $1,800 per month. The annuity is worth $100,000.

The annuity is worth $100,000. I am trying to decide whether to take monthly payments for the rest of my life, which should be about $450 a month, or take the lump sum (between $80,000 and $90,000 ...

This is the estimated value of the annuity. If you could receive the lump sum at age 65 and begin investing, according to the calculator, you'd need to receive an average annual return of 5.37% to ...

You might even be considering investing a sizable chunk to secure reliable monthly checks. But how much does a $500,000 ...

Retirees instead opted to keep ... defined contribution pension into an annuity, you can usually take up to 25 per cent of it up-front as a tax-free lump sum as well. But there is more to it ...

Some people also opt for an annuity instead of a lump-sum payout if they participate in a defined-benefit pension plan. With many annuities, payments stop after a certain number of years or when ...

MoneyHelper’s pension calculator is a useful tool and can give ... Savers can either withdraw the cash as one lump sum or take it in instalments. A lot could depend on what you want to use ...

Instead of buying ... income drawdown or an annuity (option available only to dependants), they'll pay tax on the pension income at their income tax rate. 3. Take periodical lump sums: If they choose ...