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Brown Cafe UPS Forum
UPS Retirement Topics
So Many Pension Payment Options. What To Consider?
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<blockquote data-quote="The Milkman" data-source="post: 2467019" data-attributes="member: 22760"><p>At the time I took 50k up front and rolled it into my 401K. Then took the husband/wife deal which lowered my check about $250 per month but she will get half of my check if I make the early exit. I also could of taken a full pension for 10 years guaranteed, which if I died the 1st year the wife would get the full check for 9 more years but after that zero. I did look into the term insurance option, but the wife is almost 3 years older than me so I just rolled the dice. she will be fine if I croak first</p></blockquote><p></p>
[QUOTE="The Milkman, post: 2467019, member: 22760"] At the time I took 50k up front and rolled it into my 401K. Then took the husband/wife deal which lowered my check about $250 per month but she will get half of my check if I make the early exit. I also could of taken a full pension for 10 years guaranteed, which if I died the 1st year the wife would get the full check for 9 more years but after that zero. I did look into the term insurance option, but the wife is almost 3 years older than me so I just rolled the dice. she will be fine if I croak first [/QUOTE]
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So Many Pension Payment Options. What To Consider?
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