What does everyone think on why former Baker employees are getting their pension payed out? I would invest it and make more of a percentage on what it’s currently gaining in the Baker account.
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What is primarily being offered is for former employees to start taking an annuity payout or lump sum as early as age 55. Seems to me the company is cleaning up the balance sheets ahead of something YUGE upcoming in 2025 [FOR SALE sign in the yard?] Surely many of these pensioners will roll it over into a currently funded 401K or individual IRA. And yes, increased gain is likely depending on where the funds are placed.