Winning the lottery can upend a social life overnight. Strangers show up. Long-lost acquaintances resurface. In some cases, safety becomes a concern. The option stems from a 2017 law and rules adopted ...

The Powerball jackpot climbed to an estimated $1.6 billion after no winning tickets were sold in Saturday night's drawing, extending a historic run and giving Texas players another chance at one of ...

Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden costs, the right pension answer for you could come down to control. Congress ...

The couple holds $4.8M to $5M in retirement assets without counting home equity. The husband’s pension offers $2.9M lump sum at 60 or $15,600 monthly with survivor benefits. Their annual retirement ...

A Syracuse man has won big, claiming the $17 million New York Lotto jackpot drawn on July 23, lottery officials announced. Larry Hartig, who matched the first six numbers drawn, opted to receive the ...

A Gen Z lottery winner chose a less popular approach to her windfall, opting not to receive it in a lump sum. If time is on your side, like this young woman, it's not a bad plan, but choosing $1,000 a ...

I’ve read that the Social Security Administration offers a lump-sum payment to new retirees who need some extra cash. I haven’t yet filed for my retirement benefits and would like to find out if this ...

When it comes to winning the lottery, it all boils down to three key factors: luck, timing, and choice of gameplay. Whether it’s a scratch-off ticket or a multi-state draw like Cash4Life, each game ...

The key difference between an ordinary annuity and an annuity due is when payments are made, which can affect the overall value. Ordinary annuity payments are made at the end of each period. Annuity ...

Dear Savvy Senior: I’ve read that the Social Security Administration offers a lump-sum payment to new retirees who need extra cash. I haven’t yet filed for my retirement benefits and would like to ...

As a rapidly growing wealth management practice, Ty J. Young Wealth Management has successfully acquired 41 as its footprint has expanded across the United States. The new book leverages that ...