Defined Benefit pension

Pension or lump sum?

Pension or lump sum?

   You are leaving your current employer before the earliest date you can retire. You are not sure what to do with the money in your defined benefit (DB) pension plan. You can either leave the money in the plan and collect a pension later on, or transfer a lump sum representing the present value of your pension to a locked-in retirement account. Here are some factors that will influence your ... »