Should You Take The Commuted Value of Your Pension?

Maybe you’ve quit, maybe you’ve been laid off, or maybe you’ve decided at 55 years old it’s time to say goodbye to the office and start training for the NHL. However you’ve got there, you’ve reached an area of time where you need to determine whether or not it’s best to take the commuted value of your pension. Kent breaks down the things you need to know and consider to make a very important choice. We get into some numbers and then discuss some other considerations.