How to know if a pension lump sum is right for you when companies like GE offer one

How to know if a pension lump sum is right for you when companies like GE offer one

US News Rank

About 100,000 ex-employees of General Electric will face a choice soon: stay in the company’s pension plan or accept a lump sum and cut ties instead.
Whether you count yourself among those former GE workers or are employed by another company with a similar option on the table, advisors say the decision shouldn’t be made lightly.
“It can be tempting to accept a large-sounding payout, but you have…

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