Defined Benefit Pension vs Commuted Value: The Tax Trap Most People Miss | The Up Side Podcast скачать в хорошем качестве

Defined Benefit Pension vs Commuted Value: The Tax Trap Most People Miss | The Up Side Podcast

Most people with a defined benefit (DB) pension assume there’s only one option: take the monthly payments for life. But in many cases, you can choose to take your pension as a commuted value — a lump sum you invest yourself. In this episode, Eli and Dylan Rieberer (Portfolio Manager + CFP®) break down: What a commuted value is (and how it’s calculated) Why interest rates impact the size of your lump sum The maximum transfer value (and why part of your payout could become fully taxable) Where the money goes (LIRA/locked-in accounts) and what “locked-in” really means Key decision factors: longevity, inflation indexing, investing behaviour, flexibility, and estate planning Why this decision is more complex than “lump sum vs monthly payments” Have a question about commuted values, DB pensions, or retirement planning? Drop it in the comments or book a call with us: https://upfinancial.ca/book/ _____ Connect with Eli: Email: up@upfinancial.ca Instagram:   / elithemoneyguy   Tik Tok:   / elithemoneyguy   Subscribe for new episodes!