Should You Take Your Pension as a Lump Sum
Submitted by Parkhouse Financial / Portfolio Strategies Corporation on March 8th, 2016As investors seek to take charge of their financial futures, optimizing personal net worth for retirement is key.
Because every individual situation is unique, there are multiple options regarding your pension that may best suit your own set of circumstances, such as:
- Taking a lump sum transfer (i.e. present value)
- Transferring into an Individual Pension Plan
- Transferring into an Annuity
- Leaving your pension in the existing plan
The article, Should you take your pension as a lump sum?, is attached below for your reference: