• / Free eNewsletters & Magazine
  • / My Account
Home>Verizon Wins Suit Over $7.4 Billion Pension Transfer Sale

Verizon Wins Suit Over $7.4 Billion Pension Transfer Sale

Financial Planning News

Tue, 25 Jun 2013

Verizon Communications Inc. (VZ) won dismissal of a lawsuit filed by pension plan beneficiaries challenging the company's decision to shed $7.4 billion in obligations by buying a single-premium group annuity.

Related Videos

  1. Rethinking Retirement Strategies in the Low-Yield World

    T. Rowe Price senior financial planner Christine Fahlund discusses how low interest rates may impact annuity decisions, asset location, and the timing of Social Security.

  2. Pension Lump Sum or Annuity : 5 Swing Factors

    Morningstar's Christine Benz highlights key considerations in the decision to annuitize a pension or take a lump-sum payout.

©2017 Morningstar Advisor. All right reserved.