Should You Take A Pension Lump-Sum Offer? Answer These 12 Questions First

Should You Take A Pension Lump-Sum Offer? Answer These 12 Questions First

Pension or lump-sum offer?
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General Electric (GE) recently announced they had frozen their defined benefit plan and were offering lump-sum pension payouts to about 100,000 retirees. GE will also discontinue making pension contributions after 2021. This follows a similar action by Ford to freeze their defined benefit pension for their retirees. A Ford executive recently commented that…

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