#buyout

Former employer offering pension buyout? Take lump sum? take monthly payments, or wait til retirement?

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Former employer offering pension buyout? Take lump sum? take monthly payments, or wait til retirement? I worked for a large corporation (F500) that had a pension plan from 2000-2006. I knew I had a pension, but never figured it was much since I’d only been there for a relatively short time. Over the years, I’ve gotten statements about the fund itself, but never anything about a balance until recently when I got a package offering to pay out a lum…

Reddit Personal Finance 164 2023-09-23

Car Lease Buyout Question

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Car Lease Buyout Question I have a lease held by Honda Financial Services that is approaching maturity. I have the payoff amount because it is listed on my HFS account, though I imagine the taxes are missing. I want to take advantage of the positive equity I’ve got in the car given the quotes I’ve gotten from 3rd party valuation sites. I understand that HFS doesn’t acce…

Reddit Personal Finance 242 2023-07-15