Recent content by kraftyone

Thanks again for all your feedback and questions. Regarding survivor benefits, my company offers a lot of options from 50% up to 100%. The 50% benefit reduces my monthy pay out to $2,959. Still good but given our other assets and the $150,000 + from our trust we are in good shape there...

Hi all, thanks for the quick responses. To answer your very good questions; no there is not a COLA feature and yes the company is very secure. That said I am sure folks felt the same about UAL, Delta, GM and others at one point in time. The pension is 88% funded, at this time, and the company...

Hi Kraftyone here. I am already retired (early at 50). Approaching 55 and now eligible for either a pension of $3099 per month or $500,000 lump sum. Current assets = 1.5 million (401k, savings, portfolio) and other income (from trust) of $150,000 +. I am leaning toward the pension for two...