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
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