How Safe Is Your Company Pension?

Pension payments are somewhat of a rarity today. They are expensive, and the paying company bears a lot of risk of future investment performance. Many companies are getting out of the business, but fortunately a lot of government workers still have this antiquated employee benefit. Union Pacific Corporation of Omaha Nebraska recently stopped their Pension […]

Lump Sum or Monthly Pension Payment Options

Many retirees are given the option with their company pensions of taking a fixed monthly payment or accepting a single lump sum payment.  Careful consideration should be given to making the proper selection, because once you choose one or the other, your choice is locked in for life. The monthly payment option typically also comes […]