401k Participants Look to Lotto Winners for Withdrawal Advice
All who chose annuitized payment happy with their choice
By John Sullivan - 401k Specialist
It’s a question vexing every lottery jackpot winner—lump sum payment or guaranteed monthly income stream?
And now it’s a decision increasingly facing many soon-to-be retirees with 401k plans. While a lump sum may be attractive to some, there could be significant drawbacks according to MetLife’s “Paycheck or Pot of Gold” study. Read More