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2. Pension Benefit Guaranty Corporation - Wikipedia

   en.wikipedia.org/wiki/Pension_Benefit_Guaranty...

   The Pension Benefit Guaranty Corporation (PBGC) is a United States federally chartered corporation created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary ...

3. Should I Take a $48,000 Lump Sum or $462 Monthly Payments for ...

   www.aol.com/finance/48-000-lump-sum-462...

   The post Should I Take a $48,000 Lump Sum or $462 Monthly Payments for a Pension Annuity? appeared first on SmartReads by SmartAsset. Should I Take a $48,000 Lump Sum or $462 Monthly Payments for ...

4. Should I Take a $150,000 Lump Sum or $1,200 Monthly Payments ...

   www.aol.com/finance/150-000-lump-sum-1-132703296...

   When companies offer a pension, it's common to give retirees two options: collect the pension as a lifetime monthly payment or receive it as a lump sum at retirement. Monthly payments over time ...

5. Cash-out refinance explained: How it works — and when it can ...

   www.aol.com/finance/what-is-cash-out-refinance...

   Pay off existing mortgage: $150,000 — current monthly payment: $1,243 Pay closing costs: $5,000 to $12,500 (2% to 5% of the loan amount) Receive cash in hand: $87,500 to $95,000

6. Annuity - Wikipedia

   en.wikipedia.org/wiki/Annuity

   In investment, an annuity is a series of payments made at equal intervals. [1] Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments. Annuities can be classified by the frequency of payment dates.

7. 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 ...