The Challenges of Launching an Encore Career

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General Motors announced their plan to reduce pension liability on June 1. The plan is set to reduce pension liability by an estimated 26 billion dollars, and offers select salaried U.S. retirees a lump-sum payment. Other retirees may continue to receive a monthly pension payment. Navigating these choices will be a complicated process and it is suggested that the advice of a competent financial advisor be obtained. To learn more about initial eligibility and the options of the General Motors (NYSE:GM) Pension Buyout plan visit http://www.gm-pension-buyout.com. A free white paper is also available at this site. The decision deadline is set for July 20, 2012.

simon acker of AL 11:09AM June 27, 2012

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Planning to Retire

Senior editor Emily Brandon tells you how to get ready financially for retirement and to make your golden years the best they can be.

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Our retirement readiness calculator will provide a rough idea of how long your retirement savings and income will last.


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