To learn about the details of a corporate pension plan,
ask for a “Summary Plan Description” from your employer
and consider the answers to these key questions.
| Question
|
Answer
|
| How long will it take to become vested? |
|
| Will my corporate retirement benefits be
reduced by Social Security payments I am
scheduled to receive? |
|
| Is there an option for early retirement? |
|
| Does my plan provide for cost of
living adjustments? |
|
| How will benefits be paid and for how long? |
|
| What kind of return can I
expect on an annuity? |
|
| What income options are available for
my surviving spouse? |
|
Basic Money Management
Basic Money Management
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