lump-sum payment

Interview: Treasury Department Rescinds Obama-Era Rules on Lump-Sum Pension Payments

Olivia S. Mitchell and Elizabeth Kennedy discuss implications of the treasury department’s decision to allow employers to pay out retirees’ pensions with a one-time lump sum payment, thus reversing Obama-era guidance that had banned this practice. Listen to the full piece above. Interview begins at 3:35. This segment originally aired…Read More