Managing Lump Sum Retirement Benefitsyour money out, roll it over to an IRA and you take care of how it is distributed. . These regulations will ... and maybe buy insurance for things like nursing care. Before retirement, about half the people said ...
Description: This session addresses various questions, such as how are retirees typically handling large lump sum payments? How do retirees who take their benefits in a lump sum protect themselves against longevity risk? What pension purchase options are employers offering? What role can the plan administrator play in helping participants manage lump sums? From the Record of the Society of Actuaries, Volume 28, No. 2, Session 62pd.Hide
- Authors: Ronnie Susan Thierman, Judith Mazo, Rebecca J Miller
- Date: Jun 2002
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Pensions & Retirement