Consider Carefully in Choosing Between a Lump Sum and an Annuity
If your retirement plan includes a pension, consider carefully in choosing between a lump sum and an annuity
A number of large employers offer the option to cash out pensions to retirees and former employees, providing a lump sum payment rather than an annuity.
This option can be beneficial for some people, and tempting for many others. Individuals should carefully consider their options before…