Guide Highlights Trade-Offs Between Lump-Sum and Lifetime Monthly Payout Options
WASHINGTON, D.C. –(ENEWSPF)–January 12, 2016. Today the Consumer Financial Protection Bureau (CFPB) is releasing a guide to help consumers navigate their pension payout options and make the right decision about their retirement income. The guide gives near-retirees the information they need to understand the trade-offs of taking their pension in a monthly payment or in a lump sum. To help consumers who are considering a…
