pension

  1. Pension - Lump Sum Buyout Offer

    I was laid off by J&J last year (2018), after 15+ years. Happened in my early 50s, which is typical J&J procedure, to avoid paying full pension / healthcare benefits at 55. I received an offer in the mail from J&J to receive a Lump Sum Pension Buyout. Anyone know how that is calculated? I...
  2. Getting laid off - Pension??

    Hi, If I take lump sum after 20 years, roll into my 401k, do taxes get paid by me right away? ER said check will be about $475k Serious replies no complainers. We have all been so lucky to have these jobs this long.