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Infolawyer
Infolawyer, Lawyer
Category: Employment Law
Satisfied Customers: 53849
Experience:  Licensed attorney helping employers and employees.
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I need help, I have rec'd info from J.C.Penney about pension

Customer Question

I need help, I have rec'd info from J.C.Penney about pension options. 1. take a 1 time lump sum payment .2. change to anew monthly payment which is a joint and survivor annuity. 3. or continue my current monthly pension payment .
Submitted: 1 year ago.
Category: Employment Law
Expert:  Infolawyer replied 1 year ago.

are you asking which option is better? how much is the lump sum less than total of payment plan in percentages?

Expert:  Infolawyer replied 1 year ago.

do you have specific needs that require the lump sum?

Expert:  Infolawyer replied 1 year ago.

awaiting your reply.