
It Pays to Know Your Pension Options
January 2016
You may get to choose from several options for receiving your pension. Here’s how to think it through. Read Full Article.
In Kiplinger's, Scott Hanson answers the question: My husband just retired, and now we need to make a decision on which pension option we should take. He can take a higher monthly check, which will stop upon his death. Or if we want to go the “survivor’s benefit” route, he can take a reduced amount now (about $500 less per month) so I can continue to receive payments should my husband die first. Read more.
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