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7 Steps to Take When Inheriting a Retirement Account

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We recently got a question from someone who wanted to know what to do with an inherited retirement account.

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How to handle lump sum pension payout

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Employees entitled to a pension from a former employer may soon receive letters offering them a lump sum payout...If you're faced with deciding whether to take a lump sum, take your time.

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Pensions May Now Struggle With Lump-Sum Payments

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With the stock market up, many beleaguered corporate pension plans are healing. But because of regulatory quirks and recent tinkering by Congress, fewer plans could meet minimum requirements to allow investors to take lump-sum distributions rather than less popular annuity-style payments this year.

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Why Lump Sum Pension Payments Are a Bad Deal for Most Retirees

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Traditional pensions are an endangered species in the private sector. But if you're lucky enough to have one, you may face a choice at retirement: Take the money as a lump sum, or as a monthly lifetime annuity-style payment?

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Benefit detectives offer pensioners a lifeline

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When her husband died in January, at age 63, Roseline Desjardins was left wondering how she would pay for the upkeep on her home.

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