A lump sum payment is a one-time, usually large, payment made to an individual. This can come in the form of an inheritance, legal settlement, or lottery win. The recipient of a lump sum payment gains ...

What Is a Lump-Sum Distribution? A lump-sum distribution is a significant amount of money that is paid out all at once, typically from a retirement plan or pension fund. It can also refer to a large ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. As investors, we often hear the ...