Is it better to take your pension as a lump sum rollover or monthly payments for life?

More and more companies are giving employees the option of receiving pensions as a lump sum distribution rather than in the form of an annuity payout. Typically, you are given a choice to (1) accept the pension buyout offer and rollover the lump sum into an IRA or 401(k) type plan, or (2) do nothing and collect your pension at retirement in the form of payments for life.

In the context of your financial goals we will present and discuss the most appropriate strategy for claiming you pension benefits.