Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
In less than two weeks, your time for assessing your options outlined in the General Motors Pension Buyout Plan will be over. The offer from GM, announced on June 1, presented you with three choices: to take a lump-sum payment, to continue a monthly benefit, or to take on a new sort of monthly benefit. From the start it has been strongly encouraged that you meet with a financial advisor experienced in the areas of retirement and investment planning. Additionally, you can watch this video which may help to shed some light on the three available options: http://youtu.be/32ZRne7AoTQ. You've had time to think about your pension options, now is the time to act.
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In less than two weeks, your time for assessing your options outlined in the General Motors Pension Buyout Plan will be over. The offer from GM, announced on June 1, presented you with three choices: to take a lump-sum payment, to continue a monthly benefit, or to take on a new sort of monthly benefit. From the start it has been strongly encouraged that you meet with a financial advisor experienced in the areas of retirement and investment planning. Additionally, you can watch this video which may help to shed some light on the three available options: http://youtu.be/32ZRne7AoTQ. You've had time to think about your pension options, now is the time to act.
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