Annuity vs lump sum – which pension option is better? In this annuities 101 lesson I’ll focus on when it does and doesn’t make sense to take advantage of these wise money tools when it comes to your pension options. A very important step as you move through your money evolution towards, and into, your retirement years. The question is does an annuity investment, or more specifically an income annuity, make sense for the lump sum available to you from your pension. However, it’s not just about how to invest in annuities. Even if you’ve found the best annuity for retirement. You still need to determine if it’s the correct decision for what you’re wanting to accomplish in your retirement planning.

After this video, check out the video I create titled “How To Create A Personal Pension With An Annuity’. To learn more about the similarities between an annuity and a pension plan and how an annuity may offer you more control:

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DISCLAIMER
**Michael Malone makes content available as a service to his clients
and other visitors, to be used for informational purposes only. While his
best intentions are to provide accurate and timely information, you
should always consult with retirement, tax, and legal professionals prior
to taking any action.

Securities and advisory services offered through Cetera Advisor Networks LLC, member FINRA/SIPC, a broker-dealer and a registered investment adviser. Cetera is under separate ownership from any other named entity….(read more)

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