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 ...
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 ...
For example, if your husband had the option for a 100% joint ... cease upon his or her death, Haas explained. Related: Should ...
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?
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 ...
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 ...