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Central Pension Fund of the IUOE
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United 401(k) Plans, Inc.
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Nicholas Pension Consultants
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Trucker Huss, A Professional Corporation
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Carpenter Morse Group
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Bates & Company
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Retirement Plan Legal Specialist Pentegra
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Retirement Plan Relationship Manager ERISA Services, Inc.
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Retirement, LLC
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Retirement Plan Administrator (TPA) Retirement Plan Consultants
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Retirement Plan Documents Specialist Loren D. Stark Company
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Defined Benefit Calculation Specialist/Actuary The Angell Pension Group, Inc.
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Compass Retirement Consulting Group, Inc.
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Nova 401(k) Associates
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Central Pension Fund of the IUOE
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Jr Retirement Plan Administrator/ Administrative Assistant Hochheiser Deutsch & Co, Inc.
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Pentegra
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| To Take or Not to Take, That Is the Lump-Sum Window Question Milliman Retirement Town Hall  June 28, 2015 "One of the simplest ways to evaluate a lump-sum offer is to find out the extent to which the money compensates you for the loss of your pension. I asked New York Life Insurance how much it would cost me today to buy a deferred annuity that will pay me $423 a month, starting in 14 years. The answer: $45,896, which means my lump sum falls $13,808 short of what I would need to replicate my pension's guaranteed income with an annuity.... Of course, I can always invest my lump sum myself. But is it realistic to think that over the next 14 years I will be able to turn my $32,088 into $127,000? ... The answer: probably not, since I will need to earn 10.35% a year, net of investment fees." |
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