I'll briefly explain here the steps I take when helping clients make this decision: Collect the summary plan description (SPD), summary of plan amendments, and buyout offer letter. Using actuarial software, calculate the actuarial present value of the pension benefit according to the mortality...

Delegated portfolio management, retirement planning, and financial planning for tech-savvy pre-retirees and recent retirees. Gen X and young boomers.

For over three years, I've worn a Timex Ironman watch on my wrist. It has never come off. I have never changed the battery, charged, or synced it. It has never required a software update. In over 30,000 uses, it has never malfunctioned or failed to carry out its focused purpose perfectly.

More than 100 topical tax and financial planning briefs. Each is 2 pages covering a range of topics such as alternative minimum tax, divorce and taxes, health savings accounts, estimated taxes, and more.

The IRS requires that distributions from a taxpayer's own IRA or qualified plan begin when a taxpayer reaches age 70 1/2. Inherited IRAs have an RMD requirement commencing the year following the year of death of the original accountholder, regardless of the age of the beneficiary.

Most investment advisors suggest rolling over 401k and other qualified plans into an IRA. But since they have a lot (of income) to gain by your doing so, is it really a good idea for you?