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My Company Just Offered Me a Lump Sum Buyout on My Pension....Should I Take the Money and Run? Thumbnail

My Company Just Offered Me a Lump Sum Buyout on My Pension....Should I Take the Money and Run?

GE recently announced a pension "freeze" and a lump sum buyout offer to large segments of current and former employees. As longer life expectancy increases the cost of defined benefit plans, expect more companies to do the same. Read here to understand the risks and rewards of taking the lump sum or holding on to your pension benefits.

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