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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