Anil Vazirani asks: Should you cash in your pension?
Single Premium Pension Buy-Out Sales Reach Nearly $6B In 3Q. *
According to LIMRA Secure Retirement Institute research, single premium pension buy-out sales were almost $6 billion in the third quarter of 2016.
This is the largest amount of sales reported in a third quarter since 1990.
“Pension buy-out activity in the third quarter jumped 80 percent, compared with prior year and marks the sixth consecutive quarter to exceed $1 billion in sales. This is a first for this market,” said an analyst for LIMRA Secure Retirement Institute.
Anil Vazirani, Rick Redaelli, and Jon Armstrong of Secured Financial Solutions ask:
What should you do with your Pension? Should you cash it in? Get the Penison Pro’s and Con’s.
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* See article: http://insurancenewsnet.com/oarticle/single-premium-pension-buy-sales-reach-nearly-6b-3q