If left standing can we choose the last day of employment as pension start date and cash it out? Even though you are no where close to normal retirement age?
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The lump/annuity troll is back? why would anyone look to this site for financial advice, anyway, give it a rest, are you a sales pitch we---e for the FA's? There are merits to either decision, depending on your situation.
Think carefully before taking the annuity pension rather than taking the lumb rolled into a tax-deferred account. Consult a financial advisor. It is widely understood the annuity is the worst choice in the long term.
Pensions start on first day of any month.
TY. Planning to roll it over to IRA to avoid taxes.
Go into benefit connect and model your pension. It will show you the options. Assuming you are vested, then yes you can take it on your last day of employment but they reduce the amount if you are under age 60. Be warned of tax implications as well if you take it.