Tag: Annuities|De-risking|IRAs|Lump sum|PBGC|PBGC limits/ guarantees|Pension Rights Center|Plan termination|Traditional (defined benefit) pensions
What To Do If Your Pension Is Frozen Or You’re Offered A Lump Sum
Do you now or have you ever participated in a “defined benefit” pension plan–the kind where a private sector employer promises a set monthly check based on your salary, years of service and retirement age? Are you now retired and receiving a monthly pension check?