Quote:
Originally Posted by Rainger99
This is interesting. I called my employer today and they told me that all of my options will go DOWN if I don’t take it by December 1. I assumed that the lump sum and all of the other options were invested and paying some interest on a daily or monthly basis.
So I get more money if I cash out now rather than waiting until end of year!
The woman in HR couldn’t explain why it would go down but said it would go down!
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I think the comment in Post 32 was directed to the fact that, the earlier you take the lump sum, the sooner you can invest the money in a high paying CD or other fixed income investment.
My advice to take the lump sum was based on the fact that your employer does not want you to take a lump sum. That is why they are offering you annuities instead. You can always buy your own private annuity, but I don't recommend it. Invest the money yourself.