In this video, Shawn Plummer from The Annuity Expert gives a candid breakdown of a powerful financial strategy known as Pension Maximization. If you choose a "joint life" or survivor benefit on your pension, your monthly payout takes a massive hit. Instead, Shawn explains how you can elect the highest possible "single life" payout, and use that extra cash flow to fund a life insurance policy. When you pass away, your spouse receives a massive, tax-free lump sum instead of a reduced monthly check!

But before you sign your pension paperwork, Shawn issues a major warning: you must stress-test your lump sum! Shawn explains why rolling your pension's lump sum into an IRA Annuity with a Guaranteed Lifetime Withdrawal Benefit (GLWB) is often mathematically superior. Unlike a pension (which forces you to irrevocably surrender control of your money) ...