Talk of The Villages Florida - View Single Post - Single sum pension cash out or not?
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Old 09-21-2014, 07:27 PM
Tornado Tornado is offline
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Default Single sum pension cash out or not?

Looking for some opinions. My former employer is offering a single sum cash payout vs waiting 13 more years to begin taking normal monthly pension amount. I don't "need" the money today, so if I did take the lump sum pay out I would roll the full amount to an IRA. I do have additional savings for retirement but not near the levels suggested. Cash out and invest or take the sure thing.....comments?