Episode notes
When retirement finally arrives, one of the biggest financial decisions you’ll face is what to do with your pension. In this episode, Brian Henrysen breaks down your payout options, the financial implications, and how each choice affects your retirement income and legacy planning.
Whether you’re deciding between a lump sum, monthly annuity, or direct rollover, this conversation will help you approach your pension with clarity and confidence.
Key Takeaways:
✨ A pension is a defined benefit plan promising a fixed amount in retirement.
🏢 Pensions are less common today as many companies shift toward 401(k)s.
💵 Payout options include direct rollover, lump sum distribution, or annuity payments.
👩❤️👨 Annuities may include survivor benefit choices that affect family protection.
🎯 The best ...