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Should You Take a Lump-Sum Pension Buyout Offer?

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 Farmington-Farmington Hills  See map

Several companies have announced that they are offering lump-sum pension buyouts to certain groups of employees, former employees, or retirees. If you currently receive a pension from a Fortune 500 company, it is reasonable to expect that you will receive an offer in the future. For those already receiving this opportunity, you will need to make a decision as to which option best suits you.

Rick Bloom will discuss what you need to know before deciding whether to accept your company’s lump-sum pension buyout offer. He will focus on the factors you should consider to ensure that you make the best decision for your individual situation as well as provide time for a Q & A forum.

While the idea of suddenly having a large sum of money is tempting, this is a decision that you will have to live with for the rest of your life; hence, Rick Bloom believes it is one of the most important decisions you will ever make!

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