When I start taking my pension I will take the 100% joint and survivor option. Just checking my pension information and it looks like if I die before I start taking the pension my spouse will get the 50% joint and survivor option. The difference currently would be $13,000 per year less for my wife if I die before I start taking the pension.
I'm 59 and in good health. Is it worth the risk to keep waiting? The pension will grow by around 6% per year if I wait.
I'm 59 and in good health. Is it worth the risk to keep waiting? The pension will grow by around 6% per year if I wait.