I started this thread a few days ago on the outside chance that somebody out there in TOTVland might need to know this stuff, but might not know this stuff. This has to do with what is happening with some private company pension funds where the lump sum payout is concerned.
I linked a couple of things in the first post, but today
Kiplinger Personal Finance magazine put the March issue on their website so now I can link the entire article for you.
This might be of interest to those who have not yet retired, who have pensions coming from private companies, and who are thinking about taking the lump sum payout. Under the new rules, taking the lump sum may not be allowed. Here is the link to the article.
http://www.kiplinger.com/magazine/ar...till-safe.html
Boomer