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Lump sum distribution

• A single-sum payment to a participant retiring or terminating employment in a pension or employee benefit plan.

 
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Helping Disabled or Elderly Relatives With Money Management, Even From Far Away: Millions of people serve as financial caregivers for ill or elderly spouses, parents, children or other loved ones. They perform services that include paying bills, handling deposits and investments, filing insurance claims and preparing taxes. Because this role can be costly and physically and emotionally exhausting, especially for a caregiver who lives far away or has the usual time-demands, FDIC Consumer News offers some suggestions. More...

Even if you're on the right track, you'll get run over if you just sit there. - Will Rogers

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