meta_pixel
Tapesearch Logo
Log in
Jill on Money with Jill Schlesinger

Pension Options

Jill on Money with Jill Schlesinger

Audacy

Education, Investing, Business, Self-improvement

4.61.9K Ratings

🗓️ 2 September 2022

⏱️ 7 minutes

🧾️ Download transcript

Summary

I have a pension from a previous employer, should I take it as a lump sum or an annuity?

Have a money question? Email us, ask jill [at] jill on money dot com.

Please leave us a rating or review in Apple Podcasts.

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Jill on Money Show.

0:05.3

It's Friday, September 2nd.

0:07.3

And I know many of us are heading into this long weekend trying to forget about the real

0:13.1

world and your financial life.

0:14.9

That's okay.

0:15.9

That's cool.

0:16.9

Maybe there's something just below the surface kind of bothering you.

0:20.4

Why don't you get it out of your life and just send us a question.

0:24.6

All you need to do is go to our website, JillOnMoney.com.

0:28.2

Click the contact us button and we get your note.

0:30.6

If you're shy, we'll read that on the air.

0:33.1

And if you want to come on the air with us, just check the box and we'll get you on the

0:37.0

air.

0:38.0

Or Mark will.

0:39.0

Let's go talk to Janet from California.

0:42.3

My question involves a pension from my previous employer.

0:47.1

I'm 65 years of age, single, retired, and right now the lump sum of the pension plan

0:56.0

is about $135,000 in a little change.

1:01.2

And when I take this, I plan on doing a new reaction rather than a lump sum payout.

1:06.9

I found out that I've not required to do anything to age 70 and a half.

1:12.2

And at that point, the monthly payment projection they have not done.

1:19.4

You're really flamixing them, because everybody wants their money immediately.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Audacy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Audacy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.