Men and married employees prefer them too, while women favor monthly pension checks. Both options have advantages and disadvantages. When you take your pension as a monthly annuity, you gain ...
Q: My husband just retired, and now we need to make a decision on which pension option we should take. He can take a higher monthly check, which will stop upon his death. Or if we want to go the ...
For example, if your husband had the option for a 100% joint ... cease upon his or her death, Haas explained. Related: Should ...
After I explained they are two separate items ... Beyond the lump sum, another pension option to consider is whether you can take a lesser monthly payment and, in exchange, provide a lifetime ...
Phillip in Bridgetown: I'm retiring soon and will have a pension. I can choose the single life option or the joint/survivor option. I'm married, so I'm assuming the joint is the better choice?
Lansing — The Michigan House committee advanced legislation Thursday that would expand pension options for public school employees and certain state employees, veering back toward a retirement ...
Eligibility for Early PensionEPFO provides an option for an early pension, allowing members to start claiming benefits as early as 50 years of age. However, this comes with a reduction of 4% in ...