Drawing a pension fund pension as a pension or a lump sum – who benefits more from each option? Find out about the advantages and disadvantages of the various possibilities.
Drawing a pension fund pension as a pension or a lump sum – who benefits more from each option? Find out about the advantages and disadvantages of the various possibilities.
The article discusses the question of whether to accept a lump sum buyout of the pension at the time of retirement. Both Ford Motor Co. and General Motors Corp. recently announced moves to terminate large portions of their defined benefit pension...
Taking a lump-sum payment can be very risky. Perhaps the greatest risk of cashing out a pension early is the prospect of running out of money. A monthly payment offers a steady income for the remainder of one's life instead, and it can also be passed on to a spouse in some cases. ...
混在一起；使成块状，a lump 就是一次性的意思 A
The processing time for receiving a lump sum pension can vary depending on several factors. These factors range from the retirement system and regulations in place to the administrative process followed by the pension provider. Additionally, the speed at which the retiree provides the necessary verifi...
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If your pension will be payable to your spouse, assuming you die first, be sure to get a quote for an annuity that pays income for both your lifetime and that of your spouse. In all likelihood, you will find that the lump sum is less valuable than the pension income you’re set to...