I have a one time opportunity to select between a pension lump sum payment to me that can be rolled over, and several different types of lifetime annuities. If I roll over the lump sum it will not be taxed now. If I select an annuity it will be taxed as income each month it is paid. The annuity will not adjust for inflation. Does anyone here have thoughts to share on the pluses and minuses of either selection: lump sum to be rolled over, or monthly lifetime annuity? We've gone over the numbers and discussed this here at home. But I'd like to hear what other people think as well.
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