Monday, September 11, 2006

 

Pension Choices Just Got Harder

The difficult retirement choice of whether to take a lump-sum distribution from your company’s pension or a lifetime monthly annuity is getting more complex.

The recently enacted pension legislation is going to change the formulas for calculating lump-sum distributions from corporate pensions, substituting a new benchmark interest rate and adjusting mortality tables as well.

Pension Choices Just Got Harder
Source: MSNBC

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