Over 1,000 workers at the GM CAMI plant in Ingersoll, Ontario, will receive a single lump-sum payment equivalent to six months of work as discussions concerning the future of the facility continue ...

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 ...

Retirees could earn more retroactive lump sum payments for the time they missed out on the benefits.

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 ...