Time is running out for certain GE pension plan participants to take advantage of their limited-time option to take their entire benefit as a lump sum or start payments ahead of the normal schedule.
Elections must be made by 11/25/2019 so if you or any colleagues were with GE, now is the time to evaluate and plan ASAP.
Here's a great article about what's going on and the importance of planning diligently in events like this. Having a plan, whether you stay or go, is critical for long-term success.
If you'd like to speak with a member of our team, please feel free to send us a note at info@Spurstone.com.
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READ HERE:
https://www.cnbc.com/2019/10/07/is-a-lump-sum-right-for-you-when-companies-like-ge-offer-one.html