Forbes contributors publish independent expert analyses and insights. I am passionate about pensions, recessions, IRAs and retirement. Aug 09, 2022, 10:36am EDT Aug 09, 2022, 04:24pm EDT This article ...
Discover how the pension recalculation date determines lump-sum pension offers and how it's calculated, along with why the timing can affect the total payout.
Back a couple weeks ago, a news item appeared at CNN: "It just became easier for employers to dump retirees' pensions." The headline suggests that employers are simply defaulting on their obligation ...
Many companies that offer traditional pensions give workers the option to take their benefits as a lump sum instead of as an annuity. The higher the rate used to calculate a lump sum — to make it ...