You can receive the proceeds of a non-qualified pension plan as an annuity and/or lump-sum distribution. In a lump-sum distribution, you receive your money all at once, whereas annuities spread out distributions
Financial Security through Protected Lifetime Income With fewer people covered by traditional pension plans, annuities can fill a gap in retirement portfolios by providing protected lifetime income for as long as a person lives, no matter how the markets perform. AIG Life & Retirement offers a ...
While side bets do not typically concern me, there is one bet that I really do not like. It is called “Don’t Pass” and it is basically the opposite of the Pass Line bet – on a come-out roll, 7 or 11 you lose, 2 or 3 you win, and you win if a 7 is rolled before the...
If you perform a rollover, you must be sure to get the funds into your 403b plan within 60 days to avoid penalties and taxes. Also, because of IRS rules, 403b plans are limited to investing in only mutual funds and annuities, which may limit your investment options. However, if you h...