Because there aren't that many defined benefit pension programs out there anymore, we don't get a ton of pension questions. But they do still exist, and every once in a while we'll get a question from somebody trying to decide between a lump sum or monthly payments. That's the case with Janet from California on the latest BONUS call.

Have a money question? Email me here.

“Better Off” is sponsored by Betterment.

We love feedback so please leave us a rating or review in Apple Podcasts.

"Better Off" theme music is by Joel Goodman, www.joelgoodman.com.

Connect with me at these places for all my content:

http://www.jillonmoney.com/ 

https://twitter.com/jillonmoney 

https://www.facebook.com/JillonMoney 

https://www.instagram.com/jillonmoney/ 

https://www.youtube.com/c/JillSchlesinger 

https://www.linkedin.com/in/jillonmoney/ 

http://www.stitcher.com/podcast/jill-on-money 

https://apple.co/2pmVi50