Let's talk about pensions and how to make the decision between whether you should take a lump sum or the monthly payments in this is the 198th episode of the Retirement Planning Education Podcast.

Welcome to the Retirement Planning Education Podcast, where you can learn all about IRAs and Roth IRAs, employer retirement plans, taxes, social security,

Medicare, portfolio withdrawal strategies, annuities, estate planning, and much more. And now here's

your host, Andy Panco. Hello, everyone. Welcome back. Thank you as always for listening. Happy April.

Well, at least this episode first comes out in early April, 2026. I'm glad you're here,

as always. So today's topic is a good one. And frankly, I'm basically just recycling. I think it was

the second episode I ever did to the show back in early 2022. So if you want to go back and hear that, you know, go for it. But, uh, you know, I'm reusing that and adding a little bit, I like to think, you kind of rounding out a little bit like like most things in life, the more you do it or, you know, do it a second time. You usually find ways to improve on it. And, and that's my view here. So when I did start the podcast, what I did was I

created five episodes, like kind of like a starter pack that when I launched a podcast, there was five

episodes queued up and already there for people to listen to. And I tried to hit on the five

topics I thought were like the most widely applicable or of the most interest to people to really

try to grab folks' attention with some really hopefully good

insightful, you know, educational and formative stuff. So this is one of them. If you have a pension, whether to take it as a lump sum or to take

the monthly payments under whatever payment option you might choose. So I will talk to

that today in this episode. What else? Oh, my big goofy smile moment. So as I'm recording this,

we are leaving for a family trip to Savannah, Georgia in a few days. So this episode comes out,

like the night we get home, we'll get home

late that night. So I figured I got to cue this up and get recorded ahead of time. So as of

now, I don't have any stories to share about the trip, but I'm sure there's going to be great

things there that will bring me a big smile. So in the next week's episode, maybe I'll have,

actually, no, I'm recording the next week's episode tomorrow, actually, before you go. So it may be a few episodes until you hear me mention something, you know, after the fact about how the Georgia trip was. But for now, my big goofy smile moment was a few days ago this week, I took my older daughter for, I think I mentioned, but you know, she's senior in high school. She committed to, she's going to Temple University next year in Philadelphia. She got recruited for dance,

but also got a really good merit-based scholarship there. So anyway, so she's official. She's

going there. She's on the, or will be on the dance team. And the dance team had a convention

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