For retirees that have pensions, when you retire, you have to make a very important decision as to how you plan to receive your benefits. Do you choose…..
• Lump Sum
• Straight Life
• 100% Survivor Benefit
• 75% / 50% / 25% Survivor Benefit
• PopUp Election
The right decision varies based on your personal financial situation, marital status, your age, assets you may have outside of the pension plan, and other important factors. In this article and video, I’m going to walk you through the conversation that we have with our clients when helping them to determine which pension benefit election is right for them.
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Contact Michael Ruger with Questions: 5184776686 or [email protected]
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