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Pension Lump Sum or Annuity? How to Decide
Headline: Pension Lump Sum or Annuity? How to Decide
Publication: Nerd Wallet
Article Date: June 19, 2019
“The answer to the question, “Should I take a lump sum or an annuity from my pension?” might be: Yes. Sometimes it’s best to take the lump sum and use it to buy your own annuity, which is a stream of monthly payments that typically lasts for your life and often the life of your spouse. Other times, you would be fine accepting the annuity your employer provides. Investing the lump sum on your own often is the riskiest option and may not be a good fit for many retirees.” Read Article…
The Decade in Retirement: Wealthy Americans Moved Further Ahead
Headline: The Decade in Retirement: Wealthy Americans Moved Further Ahead
Publication: NY Times
Article Date: December 14, 2019
Prospects for most Americans’ retirement security haven’t improved. For affluent households, however, the odds of a successful retirement have gotten much better. Read Article…
Senate approves spending package with SECURE Act attached
Headline: Senate approves spending package with SECURE Act attached
Publication: Pensions & Investments
Article Date: December 19, 2019
The first major retirement security package in more than a decade is on the cusp of being signed into law. The Senate Thursday voted 71-23 in favor of an eight-bill spending package, to which the Setting Every Community up for Retirement Enhancement Act of 2019, referred to as the SECURE Act, was attached. Read Article…
Should I Take My Pension as a Lump Sum or an Annuity?
Headline: Should I Take My Pension as a Lump Sum or an Annuity?
Publication: Patch
Article Date: November 13, 2019
“You are getting ready to retire, and you have a defined benefit pension that will kick in once you stop working. You may have the option of taking the pension in the form of a one-time lump sum distribution or as lifetime monthly payments. So, which should you pick?” Read Article…
Retirement Insecurity 2019: Americans’ Views of the Retirement Crisis
Headline: Retirement Insecurity 2019: Americans’ Views of the Retirement Crisis
Publication: NIRS
Article Date: 03/01/2019
“New public opinion research finds that Americans are united in their concern about retirement. In overwhelming numbers, Americans say the nation faces a retirement crisis, with Democrats at 80 percent, Republicans at 75 percent, and Independents at 75 percent.” Read Article…