Lump-sum payouts for pension plans are calculated by determining the present value of your future monthly guaranteed pension income, using actuarial factors based on age, mortality tables published by the Society of Actuaries, and the Internal Revenue Service's minimum present value segment rates, which are updated monthly.
Download the latest PDF of Pension Lump Sum Rates right here for how rates are trending. If you want to discuss your options with a financial advisor, give us a call!
Pension Lump Sum Rates Through September 2023