Your employer doesn’t want to be in the pension business. It’s too expensive. Low interest rates force employers to beef up their pension contributions or invest in riskier assets to meet their plans’ assumed rates of returns.
For this reason, employers offer lump-sum buyouts. The company wants you to take the buyout so they can exit the pension business and save money. You can take the pension lump sum and roll it tax-free into an IRA.
But how do you evaluate a one-time lump-sum offer against the possibility of lifetime payments that a pension offers?
Should you take it or leave it? Here is one approach I use when evaluating a client’s pension offer:
From the Medical News Today website
Acute heart failure refers to the heart being unable to pump enough blood around the body. It occurs suddenly and can be life threatening.
If a person has heart failure, their heart cannot work effectively to supply blood to the body. This may be because it cannot relax as usual. Heart failure can cause fluid to build up in the lungs.
A person may notice breathlessness, changes in their heart’s rhythm, and fluid retention, which can lead to swelling in their legs and elsewhere.
The symptoms of acute heart failure either appear suddenly or worsen quickly. The underlying cause may be damage or stiffness in the heart, and the stiffness may have developed over a long period.
Anyone with symptoms of heart failure needs immediate medical attention. The doctor may recommend taking medication, making certain lifestyle changes, or having surgery.
This article explores acute heart failure in detail, including its causes, symptoms, and more.
This undated photograph shows a North American Aviation F-86E Sabre on the University of Hawai‘i, Mānoa campus. The 199th Fighter Squadron transitioned from Republic Aviation F-47N Thunderbolts into the jet age. There was a need for more pilots as the older pilots with World War II experience retired or moved on in their civilian careers.
Recruited pilots were commissioned and received their wings through the Aviation Cadet Program. Most pilots flew the F-86 Sabres before transitioning to the Convair F-102 Delta Daggers. Some remained in the 199th Fighter Squadron into the McDonnell Douglas F-4C Phantom era.
Related article: Check Six: Aviation Cadet Training for National Guard Enlisted Personnel
Webmaster comment: the F-86 appears to be on the lawn on the corner of University Avenue and Dole Street.
Once you retire, you may rely heavily on Social Security to cover your various living costs. So the last thing you’d want to do is compromise those benefits in any way, especially if they’re your main retirement income source.
Unfortunately, seniors are often the targets of financial scams, many of which involve criminals going after Social Security benefits. If you want to avoid that fate, here’s what you need to know.
As always with Motley Fool articles, the last paragraph, “The $17,166 Social Security bonus most retirees completely overlook” is a lead in advertisement.
The Kūkā‘ilimoku is the official e-newsletter of the 154th Wing, Hawaii Air National Guard. The first issue came in September 1957 and continues as an e-newsletter today.
Today we feature the December 1962 Kūkā‘ilimoku issue. This issue includes the following stories:
* Eugene Lee receives direct commission
* New 199th Fighter Squadron pilots: Roger Moore, John Morley, Daniel Stone
* 199th Fighter Squadron pilots leaving for UPT: Harold Lai, James Haraguchi
When older adults seek guidance about using cannabis for medical purposes, they will find lots of information online — much of it contradictory, confusing and just plain wrong. And it may be difficult to find a medical professional to offer useful advice.
“It’s the wild, wild west out there,” says Dr. Peter Grinspoon, a primary care physician and medical cannabis specialist in Boston. Those who want to use medical cannabis safely need to be their own sheriff.
The 199th Fighter Squadron flew with the Marines from Marine Corps Base Hawaii during the F-4 Phantom era. This undated photograph shows a typical end of exercise beer and pupu party.
Henry Kajiwara from the Avionics branch, is cooking chicken while talking to a Marine. Henry was a talented technician who served in the 154th Consolidated Maintenance Squadron for many years.
One holiday gift for your children and grandchildren that won’t require you to worry about supply-chain disruptions and delivery delays: the gift of teaching them about money.
To help you with some ideas — whether your kids or grandkids are six or 26 — my “Friends Talk Money” podcast co-hosts and I just released an episode about our favorite money gifts and I’d like to share some of those here. (You can hear the episode wherever you get your podcasts and at the end of this article.)
By money gifts, we weren’t necessarily talking about handing out cash. Rather, we were suggesting a variety of ways your kids and grandkids can become smarter about saving, investing, budgeting and debt.
Remember those partial refunds auto insurers issued policyholders during the pandemic because fewer people were driving? It’s payback time. Now, car insurance rates are soaring, up 11.3% this past June, compared to the same month in 2020, according to the Consumer Price Index.
With more Americans on the roads, insurance rates have rebounded to where they were before the pandemic struck. Rising inflation will only pressure insurers to raise rates even more. Overall, consumer prices are up 5.4% compared to a year earlier, the largest 12-month increase in more than 13 years, driven by an economy in full throttle.
Like most Americans, you may be eager to spend after a year of lockdown-induced depravation, but splurging on car insurance wasn’t exactly what you had in mind. Fortunately, there are plenty of ways to cut your car insurance premium, including these nine tried-and-true methods.
From the Medical News Today website
Shingles is an infection that results from the varicella-zoster virus. This is the same virus that causes chickenpox.
Shingles occurs when a person who has previously had chickenpox experiences a reactivation of the varicella-zoster virus.
Shingles pain and other symptoms typically develop in stages over the course of several weeks. These stages tend to have a somewhat predictable pattern and duration.
Kenneth Kudo, of Hilo, passed away at home on November 23, 2021. He served with the 201st Combat Communications Squadron for many years.
His service will be at Dodo Mortuary on December 28, 2021. Viewing will be at 9:00 a.m., service at 10:30, and burial to follow. The service will be limited to 25 people at a time in the facility.
Retiree News extends heartfelt sympathy to his family and friends.
As another challenging year comes to a close, I’d like to extend happy holiday and warm wishes to all of our retirees and their ‘ohana. Thank you for providing the guiding light, wisdom, and opportunity for our currently serving Soldiers and Airmen.
Major General Kenneth S. Hara
State of Hawaii, Department of Defense
3949 Diamond Head Road
Honolulu, Hawaii 96816-4495
Kenneth.s.hara.mil@army.mil
This morning the United States Navy will officially commission their newest Arleigh Burke-class destroyer as the USS Daniel Inouye. The destroyer will be based out of Joint Base Pearl Harbor-Hickam.
Daniel Inouye was elected to Hawaii’s territorial House of Representatives in 1953. He was elected to the territorial Senate in 1957. When Hawai‘i achieved statehood in 1959, Inouye was elected as its first member of the U.S. House of Representatives. Inouye served as a Senator from Hawai‘i from 1963 until his death in 2012.
A member of the Democratic Party, he was President pro tempore of the United States Senate (and therefore third in the presidential line of succession) from 2010 until his death. Inouye never lost an election as an elected official, and he exercised an exceptionally large influence on Hawai‘i politics.
For those too young to know, Daniel Inouye was awarded the Medal of Honor for his heroic actions during World War II. The Task & Purpose website posted an article about his life and it has links to short videos featuring the late senator.
Retiree News 