We have a huge problem with the pension system in this country. No one is really talking about it but if we don't get this economy going again fast those pension systems are going to need a bail out.
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We have a huge problem with the pension system in this country. No one is really talking about it but if we don't get this economy going again fast those pension systems are going to need a bail out.
As one who is hitting the "retirement button", submitting for retirement, this weekend, I completely agree with you.
My pension plan offers a choice between all annuity or lump-sum and annuity. The perils of working for a company that got bought out. The lump-sum offer is from my original company. I will be taking the lump-sum and annuity option and cashing out my vacation and 401-k.
Have a great weekend!
Steem on,
Mike