What if you were faced with this difficult decision - You can either get a payout for the rest of your life or you can get a big fat check once? Don’t worry, you don’t have to make this decision alone, that is what I am here for! I received this question from a reader, Jared: ‘I have worked with my company for over 27 years this Spring. I am one of the lucky ones that have been given a very generous pension and a 401k plan .’ …. ‘My pension should be more than enough to take care of my wife and I. I am almost 60 and I have the option to roll my pension over into an IRA.’ ‘Should I roll my pension to an IRA or leave as is?’ 🔎 RESOURCES MENTIONED 👇 Pension Benefit Guaranty Corporation: CFP Board: Should You Roll Over Your Pension into an IRA? #pension #rollover 🔖CHAPTERS 👇 00:00 Intro 04:28 IRA rollover options 06:54 Annuitizing your pension 08:01 Borrowing against an IRA 09:08 Pension payout options 10:51 Tax Liability 12:49 Working with a professiona
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)