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…