Know Your Pension Options: Lump Sum, or Annuity? – Season 7: Episode 3
For anyone with a pension, the decision of how to take the payments is an important one. Are you offered the choice to take the entire amount as a lump sum? If so, you’ve got to know about what could happen when you decide to go one way or the other.
And for married people, there are even more choices, compounding the issue even further.
On this week’s episode of Managing Your Financial Future, “Professor” Rick Plum, CFP ® speaks with podcast host Johnny Dean about what you need to consider before you make this “one-and-done” decision. Tune in and find out more!
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