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Lump sum or annuity?
Old 12-13-2006, 05:57 AM   #1
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Lump sum or annuity?

I have the option of taking my accumulated cash retirement money as a lump, rolled into an IRA, or an annuity. There is also a "unqualified" amount for which I have the same option, if that amount is big enough. I had been thinking of the lump sum, but someone mentioned their financial planner said new tax laws make the annuity a better choice. Anyone know what this is about?
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Re: Lump sum or annuity?
Old 12-13-2006, 09:44 AM   #2
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Re: Lump sum or annuity?

Depends age/assets/amounts/annuity type
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Re: Lump sum or annuity?
Old 12-13-2006, 03:58 PM   #3
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Re: Lump sum or annuity?

If you are female, you may also get a better annuity rate because the plan offers unisex rates and you will likely not pay a commission.
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Re: Lump sum or annuity?
Old 12-13-2006, 05:45 PM   #4
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Re: Lump sum or annuity?

More data is required for any real replies from the number crunchers.
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Re: Lump sum or annuity?
Old 12-14-2006, 11:04 PM   #5
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Re: Lump sum or annuity?



The new federal law that affects the interest rate
used to calculate a defined pension lump sum will
go into effect in 2008.


Here is more info:

http://www.pensionrights.org/policy/...lumpsumir.html


*
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