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2. Lump sum payout vs. annuity from a pension: How to decide - AOL

   www.aol.com/finance/lump-sum-payout-vs-annuity...

   Simplified financial management: A monthly pension payment offers financial security and simplicity. The pension plan handles investments and determines your regular payout, shielding you from ...

3. Types of Pension Payouts: Lump Sum vs. Monthly - AOL

   www.aol.com/news/types-pension-payouts-lump-sum...

   Pension plans are becoming less and less common in the private sector. But if you have a pension, you’ll likely have to make a decision whether to opt for monthly pension payouts or one lump sum ...

4. For My Pension Payout, Should I Take a $48,000 Lump Sum or ...

   www.aol.com/48-000-lump-sum-462-113000982.html

   Let’s assume you have no cost of living adjustments on the pension annuity or rate of return on the lump sum payment. Then, at $462 a month and $5,544 annually, you need to reach 8.65 years to ...

5. Defined benefit pension plan - Wikipedia

   en.wikipedia.org/wiki/Defined_benefit_pension_plan

   Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Traditionally, many governmental ...

6. Thousands of Old Pensions Are Going Unclaimed. Is One of Them ...

   www.aol.com/thousands-old-pensions-going...

   To see how any pension income might figure in your retirement plans, try SmartAsset’s retirement calculator. This free tool will estimate how much you’ll have when the time comes to retire.

7. Target benefit plan - Wikipedia

   en.wikipedia.org/wiki/Target_Benefit_plan

   Target benefit plans are similar to defined benefit plans in that the annual contribution is determined by a formula to calculate the amount needed each year to accumulate (at an assumed interest rate) a fund sufficient to pay a projected retirement benefit, the target benefit, to each participant upon reaching retirement.