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  2. Lump sum contract - Wikipedia

    en.wikipedia.org/wiki/Lump_sum_contract

    A Contractor under a lump sum agreement will be responsible for the proper job execution and will provide its own means and methods to complete the work. [6] With a lump sum contract or fixed-price contract, the contractor assesses the value of work as per the documents available, primarily the specifications and the drawings. At pre-tender ...

  3. Lump sum payout vs. annuity from a pension: How to decide - AOL

    www.aol.com/finance/lump-sum-payout-vs-annuity...

    Some pension plans offer a hybrid option that combines the benefits of both a lump sum and an annuity. For example, you might choose to take 30 percent of your pension as a lump sum and convert ...

  4. What Is a Lump Sum Payment? - AOL

    www.aol.com/finance/lump-sum-payment-160532396.html

    If you’ve got a pension plan, such as a 401(k) or an IRA, and you’d like to access the vehicle’s funds, you can typically choose between monthly distributions, a lump sum payment or an annuity.

  5. Employee Retirement Income Security Act of 1974 - Wikipedia

    en.wikipedia.org/wiki/Employee_Retirement_Income...

    The plan must purchase annuity contracts for all participants. If the plan permits the payment of lump sums, employees may be offered the choice of a lump sum payment or an annuity. If any assets remain in the plan after a standard termination has been completed, the provisions of the plan control their treatment.

  6. Lump sum - Wikipedia

    en.wikipedia.org/wiki/Lump_sum

    A lump sum is a single payment of money, as opposed to a series of payments made over time (such as an annuity). [1] [2] [3] [4]The United States Department of Housing and Urban Development distinguishes between "price analysis" and "cost analysis" by whether the decision maker compares lump sum amounts, or subjects contract prices to an itemized cost breakdown.

  7. Paying Off Student Loan Debt: One Lump Sum or Extra Payments?

    www.aol.com/finance/paying-off-student-loan-debt...

    A lump sum payment is a one-time payment. This can be any amount of money. If you receive a bonus at work, for example, this one-time payment may be put toward paying off a loan with a high ...

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