Do You Have a Pension You Don't Know About?

Late last year, Vicki and Dale Lloyd opted to begin receiving pension benefits after 57-year-old Dale was diagnosed with cancer. After careful consideration the pair decided that a 75 percent distribution was the best option to meet their financial needs. Four days before the approved payments were to begin, Dale Lloyd succumbed to his illness. After Vicki Lloyd reported her husband's death, pension provider Altria sent a letter lowering the widow's payments to 50 percent. "I felt it was one...Full Story
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