One Size Doesn't Fit All with Pension Payout Options
Though we often hear that traditional pensions are all but extinct, there are still employers, big and small, who include them as part of their employee benefits packages.
It's a comforting thing for those fortunate folks, knowing they have that guaranteed income waiting at retirement. But it can be the source of some angst, too, when it's time to decide how to handle the pension payout. After all, it's one of the most important decisions they will make regarding their financial future.
Most employers offer at least a few options for taking the money -- and some have a whole menu to choose from. Each person must find the right fit for themselves and their family -- but also base
