Tag: Annuities|De-risking|IRS|Lump sum|Pension Rights Center|Regulation|Traditional (defined benefit) pensions|Treasury Department
Some Lump-Sum Pension Buyouts Banned
The IRS and U.S. Treasury Department have banned lump-sum pension buyouts, like the ones offered to GM and Ford retired employees, starting July 9, 2015, according to a notice from the two agencies.
