63-Year-Old With $2.2M Discovers Pension Buyout Decision Could Cost His Widow $310,000
If you’re lucky enough to have a pension, be careful with your payout choices. Pension elections are irreversible. Under many plans, Option A pays the highest monthly income for the pension holder’s life only. Option B pays less monthly but continues to the spouse if the pension holder dies first. Option C offers a lump ... 63-Year-Old With $2.2M Discovers P
