I need help fast. I am 59, retired from a government job, and receiving a monthly pension. While working, I had the opportunity to deferr income in a 457 deferred account. Now retired, these funds cannot be rolled over. I have three choices: lump payment, up to 20 years payment, or an annuity. In order to keep the funds in the stocks plan, I can only select a payment plan of 20 years. In order to stretch the payments over a longer period, I would have to select an annuity. I am offered a fixed or variable annuity.All the information I have read points to the Foolishness and expense of such plans. What would you suggest????
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra