Advise DB plan participants carefully on lump sum window opportunities
$225.00
Description
Abstract: There are sound reasons why defined benefit plan sponsors may offer participants lump sum payout windows. Principal among them: lowering the plan’s financial exposure, thereby providing greater long-term financial security to participants who elect to stay in the plan. However, the consequences of accepting a lump sum payout can be good or bad for participants. This article looks at the pros and cons of these windows.
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