Finance20 Feb 2011 03:59 am
Are One Time Pension Pay Outs Right For You?
There are Pension funding companies that will give you a large lump sum pension payment in exchange for your income from a pension. It is a good source of money for a financial emergency, but will take away the income for that pension for up to 8 years depending on the contract you sign with the company. You will lose 13% or more on fees for the transaction, and must carry life insurance with that company as the collateral assignee. One company to check out is US Pension Funding.