Blog Category

Category: Pensions & Buyouts

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When GM offers a pension buyout: what to consider before you decide

By Gregory S. Ostrowski

General Motors has a long history of offering pension buyouts to both current employees and retirees, including programs large enough to make national news. If GM has offered you a buyout, or you think one may be coming, understanding how to evaluate it is one of the more important financial tasks you’ll face.

What Is a Pension Buyout? Our Pension and Wealth Management Advisors Explain

By Gregory S. Ostrowski

A pension used to be a common source of income in retirement, but today, many employers are shifting away from these plans and offering other options instead. Because of this, not all financial advisors understand the idiosyncrasies of these plans.