Pensions. Should you Take a Lump Sum Payment?
If you are fortunate enough to have a defined benefit pension, you will likely be given the opportunity to take a lump sum payment at some point in your retirement. What are the things you should consider? What are the benefits and challenges that come with a lump sum payment? This episode examines some things you may want to keep in mind.
An episode of the Talking Cents with Element Wealth Advisors podcast, hosted by Joe Wildasin, titled "Pensions. Should you Take a Lump Sum Payment?" was published on December 11, 2020.
December 11, 2020 · Talking Cents with Element Wealth Advisors
Summary
If you are fortunate enough to have a defined benefit pension, you will likely be given the opportunity to take a lump sum payment at some point in your retirement. What are the things you should consider? What are the benefits and challenges that come with a lump sum payment? This episode examines some things you may want to keep in mind.
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