pension 是自己和单位自工作期间缴纳的养老保险金,而annuity是向保险公司购买的退休后的年金。而lump sum是一次结清,annuity是年年都有的年金,只要预计自己剩余寿命越长annuity越合适,觉得自己命不久已那就一次结清lump sum。 Feature Pension Annuity Source Employer-sponsored Individual purchase Income stream Guaranteed...
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...
Without doing the math, would you have gone for the rollover, pension lump sum or annuity payments? How would you have approached this problem differently? Images courtesy of FreeDigitalPhotos.netFiled Under: Retirement Tagged With: annunity, Ask MMD, Pension Lump Sum, which is better...
annuity superannuation Collins Thesaurus of the English Language – Complete and Unabridged 2nd Edition. 2002 © HarperCollins Publishers 1995, 2002 Want to thank TFD for its existence?Tell a friend about us, add a link to this page, or visitthe webmaster's page for free fun content. ...
We use a unique dataset on individual retirement decisions in Swiss pension funds to analyze the choice between an annuity and a lump sum at retirement. Our analysis suggests the existence of an "acquiescence bias", meaning that a majority of retirees chooses the standard option offered by the ...
An annuity paid regularly as benefit due to a retired employee, serviceman etc. in consideration of past services, originally and chiefly by a government but also by various private pension schemes. Many old people depend on their pension to pay the bills. Pension A boarding house or small hot...
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...
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One approach might be to have it both ways. You could put part of a lump sum into afixed annuity, which provides a lifetime stream of income, and invest the remainder. But if you’d rather not worry about how the market is performing, a stable pension payment might better suited for ...
Monthly Annuity vs. Lump Sum With a defined-benefit plan, you usually have two choices when it comes to withdrawals (distribution): periodic (usually monthly) payments for the rest of your life, or alump-sumdistribution. Some plans allow participants to do both; that is, they can take some...