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Pics. Retirees often face a tough decision: A lump sum is a single payment of money, as opposed to a series of payments made over time (such as an annuity).
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A lump sum is a single payment of money, as opposed to a series of payments made over time (such as an annuity). Now, will i lose $2,000 of unemployment benefits, or just lose the benefits for that week i get the lump sum? A lump sum payment is often associated with a single amount paid to acquire a group of items.
| webster's new world college dictionary, 4th edition.
A lump sum is a single payment of money, as opposed to a series of payments made over time (such as an annuity). Use a lump sum payment to reduce debt. Use this calculator to help determine whether you are better off receiving a lump sum payment and investing it yourself or receiving equal payments over time from a third party. A lump sum allows you to collect all of your money at one time.
