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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...

   Lump sum vs. annuity: 6 factors to consider when making your decision. Everyone’s financial situation is different, so it’s important to consider a few key factors — such as tax implications ...

3. Can I Cash Out My Pension When Leaving a Job? - AOL

   www.aol.com/cash-pension-leaving-job-141134422.html

   If you receive a lump sum pension payment when you leave a job, rolling the money into an IRA can help you avoid a costly tax bill associated with the distribution. By opting for a direct rollover ...

4. What are pension plans? - AOL

   www.aol.com/finance/pension-plans-181440876.html

   A lump-sum distribution pays out the entire value of a pension plan in one go. ... Some plans may offer early retirement options starting at age 55, but this could result in lower monthly benefits ...

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. What are pension annuities? - AOL

   www.aol.com/finance/pension-annuities-163602841.html

   Online annuity calculators can help you compare the monthly income you’d receive from your pension plan versus a retail annuity purchased with your lump sum. How a pension annuity works

7. The Smartest Way to Invest a Lump Sum Pension Payout - AOL

   www.aol.com/invest-lump-sum-pension-payout...

   A pension plan promises to pay a defined benefit for the length of an employee's retirement. Depending on your financial circumstances, you may consider taking a lump sum instead of a lifetime ...

8. Pay-as-you-go pension plan - Wikipedia

   en.wikipedia.org/wiki/Pay-as-you-go_pension_plan

   A pay-as-you-go pension plan (also called a "pre-funded pension plan") is a retirement scheme in which a contributor can either have a regular contribution deducted from each paycheck or make a lump-sum contribution to a retirement fund. [1] With such a plan, the contributor decides how much to contribute to the fund and chooses how it is invested.

9. Income drawdown - Wikipedia

   en.wikipedia.org/wiki/Income_drawdown

   The income drawdown fund is also known as a crystallised pension fund. It is possible to crystallise a pension in stages. Uncrystalised Funds Pension Lump Sums or UFPLS, is an additional flexible way to take pension benefits. Rather than move the whole fund into a drawdown arrangement, ad-hoc lump sums can be taken from the pension.