Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If pension holder starts receiving benefits at age 58 instead of 62 and the monthly benefit is reduced in to $600 from $1200. What would happen to the present value of the benefit?

age Benefits Pension Starts
0
Posted

If pension holder starts receiving benefits at age 58 instead of 62 and the monthly benefit is reduced in to $600 from $1200. What would happen to the present value of the benefit?

0 CommentsAdd a Comment

1 Answer

0

Generally, a decrease in the retirement age and the monthly benefit have a tendency to counter balance.

0 CommentsAdd a Comment
What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.