Compass
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Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Loan & Distribution Specialist AimPoint Pension
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Curtailing Lump Sum Pension Payouts?
Pension Pulse [Opinion] July 14, 2015 "While lump sum payouts sound attractive, the truth is they place enormous pressure on individuals to invest the money wisely and even if they do, they still run the risk they or their loved ones will outlive these savings. In other words, lump-sum pension payouts are no substitute for defined-benefit pensions which provide steady and secure payouts for life. And while most companies have not offered lump sum pension payouts to their employees, the trend to de-risk pensions is clear, and it's important that regulators nip this trend in the bud as soon as possible." |
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