Why Lump Sum Pension Payments Are a Bad Deal for Most Retirees

Why Lump Sum Pension Payments Are a Bad Deal for Most Retirees

01/13/11

Traditional pensions are an endangered species in the private sector. But if you’re lucky enough to have one, you may face a choice at retirement: Take the money as a lump sum, or as a monthly lifetime annuity-style payment?

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