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  2. Can I Get a Lump Sum Social Security Payment? - AOL

    www.aol.com/lump-sum-social-security-payment...

    For instance, it would take 144 months or 12 years for your $100 lower monthly benefits to equal the $14,400 lump sum payment. If you don’t expect to live that long because of a health condition ...

  3. Lump sum payout vs. annuity from a pension: How to decide - AOL

    www.aol.com/finance/lump-sum-payout-vs-annuity...

    As an alternative, some couples find creative solutions by taking a lump sum from one spouse’s pension and opting for monthly payments from the other. 3. Income needs

  4. Types of Pension Payouts: Lump Sum vs. Monthly - AOL

    www.aol.com/news/types-pension-payouts-lump-sum...

    Pension plans are becoming less and less common in the private sector. But if you have a pension, you’ll likely have to make a decision whether to opt for monthly pension payouts or one lump sum ...

  5. For My Pension Payout, Should I Take a $48,000 Lump Sum or ...

    www.aol.com/48-000-lump-sum-462-113000982.html

    Let’s assume you have no cost of living adjustments on the pension annuity or rate of return on the lump sum payment. Then, at $462 a month and $5,544 annually, you need to reach 8.65 years to ...

  6. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Traditionally, many governmental ...

  7. Provident fund - Wikipedia

    en.wikipedia.org/wiki/Provident_Fund

    This differs from pension funds, which have elements of both lump sum as well as monthly pension payments. As far as differences between gratuity and provident funds are concerned, although both types involve lump sum payments at the end of employment, the former operates as a defined benefit plan, while the latter is a defined contribution plan.

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